Property summary
Invest in this exceptional 64,024 square foot Class B office building, situated on a 4.76-acre lot at 3301 Armar Dr, Marion, IA 52302. Built in 1980, this single-story structure boasts multiple tenancies and offers flexible office spaces ranging from 2,716 to 29,434 square feet. The property is zoned BC, Community Business (APN: 14013-26001-00000), and enjoys a highly visible location off Marion Blvd (Business US 151), near the border of Cedar Rapids. Its strategic placement within the Lindale Mall regional shopping area, the largest retail district in Cedar Rapids, ensures high traffic and visibility. The building offers ample parking and excellent signage opportunities, including a monument sign along Business US 151. Convenient access to Interstate 380 (within 3 miles) and proximity to St. Luke’s Hospital Marion ER Campus (opening Summer 2024) further enhance its appeal. This is a rare opportunity to acquire a well-located, established office building in a thriving commercial area. The property's size and flexible space options make it suitable for a variety of businesses. Don't miss this chance to secure a prominent presence in a high-demand location.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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