Flex Building with Office
2325 7th Avenue, Marion, IA 52302
For Sale
$589,900
Commercial, Marion, IA
Property Size4,800 SF
Lot Size0.48 Acres
Price / SF$122.90
Days on Market30
Property Features for 2325 7th Avenue
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Automotive Uses
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
in floor heating
newer mechanicals
metal roof
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Pinnacle Realty LLC
(319) 393-0900
Listed By:
Paul Canas
(319) 350-9476
Added: Oct 14
Changed: Nov 11
Last Checked: Nov 12 at 7:06AM
MLS# 2607196
Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,800-square-foot flex property, built in 1999, combines 3,600 square feet of warehouse area with 1,200 square feet of office space. In-floor heating, newer mechanical systems, concrete flooring, and a metal roof are among its existing features. The building uses frame and pole construction and sits on a 0.48-acre parcel. Commercial zoning is identified as Comm.
Located at 2325 7th Avenue in Marion, the property fronts a main street. The office-and-warehouse configuration provides distinct areas for administrative and storage or work functions.
Located at 2325 7th Avenue in Marion, the property fronts a main street. The office-and-warehouse configuration provides distinct areas for administrative and storage or work functions.
Key Highlights
- 4,800 square feet total: 3,600 square feet of warehouse and 1,200 square feet of office
- 0.48‑acre parcel with Comm zoning
- In‑floor heating and newer mechanical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,314
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,280
$566.3K
Cap Rate 7%
$404,486
$404.5K
Cap Rate 9%
$314,600
$314.6K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$35.3K $7.36/SF
− Vacancy
−$2.0K −$0.42/SF
EGI
$33.3K $6.94/SF
− OpEx
−$5.0K −$1.04/SF
NOI
$28.3K $5.90/SF
Area
Linn County, IA
Vacancy
5.71%
Lease Rate
$7.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,280
Cap Rate 7%
$404,486
Cap Rate 9%
$314,600
Alternative Uses
Best Use
Warehouse
$404.5K
$353.9K – $471.9K
NOI $28,314 @ 7.0% cap · market cap 4.80%
Second Best
Industrial
$333.1K
$291.5K – $388.6K
NOI $23,318 @ 7.0% cap · market cap 3.95%
Theoretical Best
Self Storage
$807.8K
$706.9K – $942.5K
NOI $56,549 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52302, IA
43,130
Population
18,153
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
97%
High-School Grad
74.3 sq mi
ZIP Area
580
Density / Sq Mi
$87,463
Median Household Income
$50,234
Median Earnings
$963
Median Rent
$232,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Linn County, IA
Properties on Market for Flex space in Linn County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - In-floor heat and newer mechanical systems serve the building.
Where is this flex space located?
The property is located at 2325 7th Avenue Marion, IA.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: 4,800 square feet total: 3,600 square feet of warehouse and 1,200 square feet of office; 0.48‑acre parcel with Comm zoning; In‑floor heating and newer mechanical systems
