Industrial Campus with
200 35th St Marion, IA 52302
200 35th St, Marion, IA, 52302
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For Sale
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Industrial campus with multiple buildings, outdoor storage yard, and an on-site fueling station for gasoline or diesel distribution.
Property Size43,330 SF
Price / SF$75.01
Days on Market15
Property Features for 200 35th St
General Information
- Standard status
- Active
- Size
- 43,330 SF
- Property subtype
- INDUSTRIAL
Listing agency
GLD Commercial
(319) 731-3417
Listed by
Michael Gibbs · License #B43857000
Source
Moodyscre
Added: Jul 8 Updated: Jul 22 at 3:53AM Checked: Jul 22 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD Commercial
Investment Insights
Based on property information with market context.
Industrial campus opportunity comprising approximately 11.69 acres across seven parcels, with six commercial buildings totaling approximately 43,330 square feet and approximately 3.8 acres of outdoor storage and laydown yard. The site includes an 8,700-square-foot two-story office building with private offices, reception area, conference room, training room, and multiple restrooms. Other improvements include a 5,720-square-foot retail/distribution warehouse with showroom space, a 2,160-square-foot maintenance shop with drive-through capability, a 7,200-square-foot cold storage warehouse, a 15,800-square-foot manufacturing facility, and a 3,750-square-foot standalone paint booth.
The property also features an on-site fueling station configured for gasoline or diesel distribution, supporting operations that require vehicle refueling on site.
Configured as a multi-building industrial campus, the property offers a combination of office space, warehousing including cold storage, manufacturing, maintenance, and specialized paint booth capacity, alongside outdoor storage for equipment or materials.
The property also features an on-site fueling station configured for gasoline or diesel distribution, supporting operations that require vehicle refueling on site.
Configured as a multi-building industrial campus, the property offers a combination of office space, warehousing including cold storage, manufacturing, maintenance, and specialized paint booth capacity, alongside outdoor storage for equipment or materials.
Key Highlights
- Industrial campus at 200 35th Street, Marion, IA, on ~11.69 acres across 7 parcels
- Six commercial buildings totaling ~43,330 SF, plus ~3.8 acres of outdoor storage/laydown yard
- Includes an 8,700 SF two‑story office building with private offices, reception, conference room, training room, and multiple restrooms
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $318.9k | $7.36 |
| − Vacancy | −$18.2k | −$0.42 |
| EGI | $300.7k | $6.94 |
| − OpEx | −$45.1k | −$1.04 |
| NOI | $255.6k | $5.90 |
43,330 SF · lease $7.36/SF/yr · vacancy 5.71% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.65M
$3.19M – $4.26M
NOI $255,594 @ 7.0% cap · market cap 7.86%
Second Best
Industrial
$3.01M
$2.63M – $3.51M
NOI $210,489 @ 7.0% cap · market cap 6.48%
Theoretical Best
Self Storage
$7.29M
$6.38M – $8.51M
NOI $510,471 @ 7.0% cap · market cap 15.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Industrial campus with multiple buildings, outdoor storage yard, and an on-site fueling station for gasoline or diesel distribution.
Where is this manufacturing property located?
The property is located at 200 35th St Marion, IA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Industrial campus at 200 35th Street, Marion, IA, on ~11.69 acres across 7 parcels; Six commercial buildings totaling ~43,330 SF, plus ~3.8 acres of outdoor storage/laydown yard; Includes an 8,700 SF two‑story office building with private offices, reception, conference room, training room, and multiple restrooms