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Industrial Campus with Office

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
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.

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 (±1% cap)
NOI $255,594 @ 7.0% cap · market cap 7.86%
Second Best
Industrial
$3.01M
$2.63M – $3.51M (±1% cap)
NOI $210,489 @ 7.0% cap · market cap 6.48%
Theoretical Best
Self Storage
$7.29M
$6.38M – $8.51M (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Big Box & Wholesale Store Hair Salon Spa & Massage Center Building Supply Nail Salon Pharmacy

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

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
Contact an agent
(319) 731-3417 Call to check price and availability
More about this property
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