Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    741 10Th St Marion, IA 52302
    Back to Search
    Property profile & analytics

    741 10Th St Marion, IA 52302

    View on Map
    • Retail properties & Spaces
    • 0.19 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 741 10Th St

    Year built
    1880
    Lot size
    0.19 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 741 10th Street Unit Lower Le in Marion, Iowa, presents a fantastic opportunity for a discerning business owner. Situated on a 0.19-acre lot, this property offers significant potential for a variety of retail ventures. The address places the property in a high-traffic area, ensuring excellent visibility and accessibility for customers. While the square footage is currently unavailable, the ample lot size suggests a substantial building footprint. The property's location in the vibrant city of Marion, Iowa, provides access to a strong local market and a thriving community. This is a prime opportunity to establish or expand a retail business in a desirable and convenient location. The property is being offered at a price to be determined, making it an attractive investment for those seeking a strategic entry point into the Marion market. Serious inquiries are encouraged to explore this unique retail opportunity further. Further details regarding the building's square footage and internal layout are available upon request. Don't miss out on this chance to secure a prominent retail presence in a thriving Iowa community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.5991
    Latitude
    42.0337

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      1000 7Th Ave

      Retail properties & Spaces • 0.19 Acres
      1000 7Th Ave, Marion, IA 52302
      View Details
    • Value Estimation by Request

      Marion Ia

      Land
      0 Marion Ia, Marion, IA 52302
      View Details
    • Value Estimation by Request
      0.78 Acres

      600 Lindale Dr

      Retail properties & Spaces • 0.78 Acres
      600 Lindale Dr, Marion, IA 52302
      View Details
    • Value Estimation by Request
      6,407 SF

      600-620 Lindale Dr

      Automotive properties • 6,407 SF
      600-620 Lindale Dr, Marion, IA 52302
      View Details
    • Value Estimation by Request
      40,079 SF

      1440 Twixt Town Rd

      Retail properties & Spaces • 40,079 SF
      1440 Twixt Town Rd, Marion, IA 52302
      View Details
    • Value Estimation
      $680,000
      13,572 SF

      1682 Dubuque Rd

      NURSERY, GREENHOUSE, FLORIST • 13,572 SF
      1682 Dubuque Rd, Marion, IA 52302-9497
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Mixed-Use Development Opportunity in Marion

      Mixed-use development opportunity in the heart of Downtown Marion.
      958-960 7Th Ave, Marion, IA 52302
      View Details
    • $129,000
      0.12 Acres

      Commercial Property in High-Traffic Area

      Commercial property in Marion, Iowa, with high traffic count.
      1486 7Th Ave, Marion, IA 52302
      View Details
    • $3,795,000
      22,451 SF

      Versatile Commercial Building Near Highway

      22,451 SF commercial building near Highway 13 and 151.
      6240 N Gateway Dr, Marion, IA 52302
      View Details
    • $3,200,000
      18,630 SF

      Epic Dr Event Center Investment

      Iowa Event Venue - 18,630 SF
      3243 Epic Dr, Marion, IA 52302
      View Details
    • Contact for pricing
      7,400 SF

      Retail Space in High-Traffic Area

      Prime retail space in Marion, IA, available June 2026.
      1101 Eagleview Blvd, Marion, IA 52302
      View Details
    • Contact for pricing
      2,875 SF

      Downtown Marion Mixed-Use Opportunity

      2,875 SF Creative Office/Retail Space
      958 7Th Ave, Marion, IA 52302
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Uptown Marion Mixed-Use Property

      Prime Uptown Marion property with established pub and apartments.
      1038-1048 7Th Ave, Marion, IA 52302
      View Details
    • Contact for pricing
      800 SF

      Retail Space Near Collins Road

      Retail property with high visibility and strong co-tenancy.
      1398-1470 Twixt Town Rd, Marion, IA 52302
      View Details
    • Contact for pricing

      Mixed-Use Development Opportunity in Marion

      Mixed-use development opportunity in the heart of Uptown Marion.
      958 7Th Ave, Marion, IA 52302
      View Details
    • $12 SF/Yr
      13,784 SF

      Uptown Marion Retail Space

      Prime retail space in Uptown Marion with high visibility.
      1000- 7Th Ave, Marion, IA 52302
      View Details
    • Contact for pricing
      2,808 SF

      Former Restaurant Space For Sublease

      Restaurant space with drive-thru, high visibility, and ample parking.
      1925 7Th Ave, Marion, IA 52302
      View Details
    • Contact for pricing

      Marion Office Space For Rent

      Office space available in Marion, near Cedar Rapids retail district.
      3301 Armar Dr, Marion, IA 52302
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    741 10Th St
    Marion, IA 52302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    741 10Th St, Marion, IA, 52302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!