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    295 Tower Terrace Rd Marion, IA 52302

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    For Lease
    $21 SF/Yr ($2,195 /Mo)

    Turnkey office suite in a rapidly growing retail district.

    Property size:
    1,200 SF
    Lot size:
    1.76 Acres

    Property Features for 295 Tower Terrace Rd

    General Information

    Size
    1,200 SF
    Lot size
    1.76 Acres

    Source: GLD Commercial Agent Angie Glick

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

    Overview

    Professional Office Suite For Rent

    This 1,200-square-foot professional office suite is located on Tower Terrace Road in a rapidly growing retail district. Built out in 2019, the suite is in like-new condition and features an efficient layout, including private offices, a conference space, and a reception area. The suite is located in a multi-tenant retail building and is surrounded by co-tenants such as Revive Chiropractic, Ascent Therapy, and Barrel House Restaurant. The property has great visibility along Tower Terrace Road and is within walking distance of the Linn Mar Campus. The location is surrounded by established and growing residential rooftops. This property presents an opportunity for a professional services or office user to move into a fully finished, turnkey space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Clothing Store Nail Salon Hotel & Motel Gym & Fitness Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.60689
    Latitude
    42.0572145

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    FAQs

    What type of property is this?
    Office space - Turnkey office suite in a rapidly growing retail district.
    Where is this office space located?
    The property is located at 295 Tower Terrace Rd Marion, IA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey, fully finished office suite built in 2019, ready for immediate occupancy.; - Rare opportunity with no other available office listings in the immediate area.; - Located in a rapidly growing retail district on Tower Terrace Road.
    (319) 731-3400
    Request Owner's contact information
    295 Tower Terrace Rd Marion, IA 52302
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    Marion, IA 52302
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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
    295 Tower Terrace Rd Marion, IA 52302
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