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Property profile & analytics
OFF-MARKET
Land

0 Tower Terrace Rd Marion, IA 52302

5.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.1-acre commercial lot, located at Tower Terr Road in Marion, Iowa (zip code 52302), presents a unique investment opportunity. Situated in an upscale professional park alongside established businesses such as ESCO Group, Edward Jones, Barrel House, and the new YMCA, this property offers unparalleled visibility and accessibility. The lot is fully developed and level, with utilities already in place, making it a truly "shovel-ready" site. A preliminary plat is complete, and the seller will finalize the plat to accommodate specific lot size requirements, offering flexibility for various development plans. The property's APN is 112543101300000 and is zoned C-3, allowing for a wide range of commercial uses. Fiber optic connection is readily available through IMON, providing high-speed internet access. The asking price for this exceptional property is $1,666,170. This is an ideal location for businesses seeking a prominent presence in a thriving commercial area. Don't miss this chance to secure a prime location in a rapidly growing market.

Property profile
Verified
Property type Land
Lot 5.1 ac (222,156 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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