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    602 Iowa Ave Marshalltown, IA 50158

    For Sale
    $1,287,198

    Prime Iowa location, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9.85-acre commercial and industrial land parcel, located at 602 Iowa Ave W in Marshalltown, Iowa (APN 8318-15-227-002), presents a unique investment opportunity. Zoned GC/GI, this property offers significant potential for various commercial and industrial uses. Its strategic location off Business Highway 30, with close proximity to Highway 30, ensures high visibility and convenient access. The site benefits from its proximity to established businesses, including Theisen's Home Farm & Auto, Menard's, ServPro of Marshalltown, Taco Bell, Hampton Inn, Culver's, Applebee's, and the Central Iowa Farm Store. This prime location offers excellent potential for businesses seeking high traffic exposure and convenient access to major transportation routes. The asking price for this exceptional property is $1,287,198. Don't miss this chance to acquire a substantial land parcel in a thriving Iowa community. The property's size and zoning make it suitable for a wide range of development projects. Serious inquiries are encouraged.

    Property Features for 602 Iowa Ave

    General Information

    Property type
    Land
    Lot Size
    429,066 SF

    HighLights

    • $1,287,198 asking price.
    • 9.85‑acre commercial/industrial land parcel.
    • Located in Marshalltown, IA, at 602 Iowa Ave W; APN 8318‑15‑227‑002.
    • GC/GI zoning.
    • Excellent location near Hwy 30, with proximity to major retailers including Theisen's, Menards, and several restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rose Hill Memorial ... Cemetery Bellino Fireworks Fireworks Store Theisen's Home Farm ... Auto Parts Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.923081382642
    Latitude
    42.006049339625

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    FAQs

    What type of property is this?
    Land - Prime Iowa location, ideal for development.
    Where is this land located?
    The property is located at 602 Iowa Ave Marshalltown, IA.
    What is the asking price?
    The asking price for this property is $1,287,198.
    What are key features of this property?
    This property features: $1,287,198 asking price.; 9.85-acre commercial/industrial land parcel.; Located in Marshalltown, IA, at 602 Iowa Ave W; APN 8318-15-227-002.
    Request Owner's contact information
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    Marshalltown, IA 50158
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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
    602 Iowa Ave Marshalltown, IA 50158
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