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    6900 Partners Ave Marion, IA 52302

    Sponsored
    For Lease
    $7 SF/Yr

    Flex & Warehouse Space Available

    Lot size:
    47,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Marion, IA industrial property offers a unique investment opportunity. The 47,200 square foot property comprises two buildings on an 8.8-acre lot, zoned PUD. Building 1, a 35,200 square foot climate-controlled warehouse, features 20 ground-level overhead doors and is constructed with 3-inch insulated metal panels. Its design allows for expansion to nearly 65,000 square feet. Building 2, a 12,000 square foot wood-frame flex building, includes 4 ground-level overhead doors and was completed in 2023. Both buildings share a parking lot. The property is divisible, with a minimum leasable space of 3,000 square feet and a maximum contiguous space of 35,200 square feet. Currently, 35,200 square feet is vacant. Built in 2021, the property offers multiple tenancy options, including the potential to lease each building separately or as a package. The site plan allows for the construction of up to four 12,000 square foot flex buildings, presenting significant expansion potential. This versatile property at 6900 Partners Ave, Marion, IA 52302, is ideal for entrepreneurs and businesses seeking flexible space and growth opportunities. The property's APN is 15032-27002-00000.

    Property Features for 6900 Partners Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,200 SF
    Total Rate
    28910

    Building Details

    Year Built
    2021
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Building 1
    Size
    35,200 SF
    Rate per SF
    $7
    Space
    Building 2
    Size
    12,000 SF
    Rate per SF
    $9

    HighLights

    • Flexible zoning allows for diverse uses and expansion.
    • Two buildings totaling 47,200 square feet.
    • Prime Marion location, half‑mile from Hwy 151 and Hwy 13 intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.539293653784
    Latitude
    42.033425382587

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    FAQs

    What type of property is this?
    Distribution property - Flex & Warehouse Space Available
    Where is this distribution property located?
    The property is located at 6900 Partners Ave Marion, IA.
    What is the lease rate?
    The lease rate is $7-$9 SF/Yr.
    What are key features of this property?
    This property features: Flexible zoning allows for diverse uses and expansion.; Two buildings totaling 47,200 square feet.; Prime Marion location, half-mile from Hwy 151 and Hwy 13 intersection.
    Request Owner's contact information
    6900 Partners Ave 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
    6900 Partners Ave Marion, IA 52302
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