0 Tower Terrace Rd Marion, IA 52302
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.