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    1465 Red Fox Way Marion, IA 52302

    For Sale
    Contact for pricing

    2.48 Acres, Highway 13 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land offering in Marion, Iowa, presents a rare opportunity for development. Comprising two parcels totaling 2.48 acres (Lot 1: 1.27 acres, Lot 2: 1.21 acres), this property boasts unparalleled visibility from Business 151 State Highway and direct Highway 13 frontage. The land is strategically located within a major trade area, just four miles from the Marion Airport and in close proximity to a Super Walmart. Significant advantages include a fully controlled intersection at Pawnee Ave and Hennessey Parkway (completion anticipated in Q3), ensuring excellent accessibility. The sites are fully prepared for immediate building, complete with all necessary utilities and access points. This prime location benefits from the recent development at Squaw Creek Crossing, featuring established businesses such as Kwik Star, Dupaco, and Country Inn & Suites. Furthermore, the proposed Prospect Meadows, a 17-field baseball and softball complex, is situated nearby, promising increased traffic and community engagement. The land is priced at $10 per square foot, reflecting its exceptional location and development-ready status. This is an ideal investment for businesses seeking high visibility and convenient access within a thriving commercial area. The property's location and infrastructure make it an attractive option for a wide range of commercial ventures.

    Property Features for 1465 Red Fox Way

    General Information

    Property type
    Land
    Lot Size
    108,029 SF

    HighLights

    • High visibility from Business 151 State Highway.
    • Highway 13 frontage.
    • Fully controlled intersection at Pawnee Ave and Hennessey Parkway (Q3 completion).
    • Major trade area location, near Super Walmart and 4 miles from Marion Airport.
    • Development‑ready sites with utilities and access points.
    • Adjacent to Squaw Creek Crossing development (Kwik Star, Dupaco, Country Inn & Suites).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.551216
    Latitude
    42.039719

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    FAQs

    What type of property is this?
    Land - 2.48 Acres, Highway 13 Frontage
    Where is this land located?
    The property is located at 1465 Red Fox Way Marion, IA.
    What are key features of this property?
    This property features: High visibility from Business 151 State Highway.; Highway 13 frontage.; Fully controlled intersection at Pawnee Ave and Hennessey Parkway (Q3 completion).
    (515) 554-7412
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    1465 Red Fox Way 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
    1465 Red Fox Way Marion, IA 52302
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