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    202 W State St Marshalltown, IA 50158

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    For Sale
    $955,000

    18,460 SF office building in downtown Marshalltown.

    Property size:
    18,460 SF

    Property Features for 202 W State St

    General Information

    Size
    18,460 SF

    Building Details

    Year built
    1976

    Source: Matt T. Connolly Agent Matt T. Connolly

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Marshalltown Multitenant Office Building

    This is a multitenant office building located in downtown Marshalltown, Iowa. The building has 18,460 square feet of space and is conveniently situated a short walk from the square and Marshall County Courthouse. It is located just north of Main Street and a 5-minute walk to the Courthouse. The property is located within a city-designated Revitalization Area and Urban Renewal Area. There are two existing tenants occupying 6,264 square feet. TIF Funds are likely available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Public Defender Office Public Defender'S Office America One Plumbing ... Plumber Life Investors Financial ... Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.916286
    Latitude
    42.0497706

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    FAQs

    What type of property is this?
    Office building - 18,460 SF office building in downtown Marshalltown.
    Where is this office building located?
    The property is located at 202 W State St Marshalltown, IA.
    What is the asking price?
    The asking price for this property is $955,000.
    What are key features of this property?
    This property features: - 18,460 SF multitenant office building in downtown Marshalltown.; - Located in City-designated Revitalization Area & Urban Renewal Area.; - TIF Funds Likely Available.
    (515) 975-9600
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    202 W State St Marshalltown, IA 50158
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    Marshalltown, IA 50158
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 W State St Marshalltown, IA 50158
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