Marion 3Rd St Marion, IA 52302
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for Marion 3Rd St
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional commercial land parcel, ranging from 1 to 3.71 acres, presents a unique development opportunity in Marion, Iowa. Situated at the southeast corner of Tower Terrace Road and 3rd Street, this property boasts a highly desirable location within an upscale professional park, surrounded by established businesses such as ESCO Group, Edward Jones, Barrel House, and Dollar Tree, ensuring a strong customer base. The site benefits from its proximity to the Linn Mar campus, the new central fire station, and the Marion YMCA, further enhancing its appeal. Zoned BC, this land allows for flexible commercial and retail development, making it ideal for a variety of uses, including retail, restaurant, office, or mixed-use projects. Utilities are readily available, simplifying the development process. While offering significant potential, prospective buyers should note that the lots are subject to design covenants and a moratorium on specific uses as per City of Marion regulations. Access to fiber optic connection is available through IMON, providing modern communication infrastructure. The price is $8.75 per acre, making this a compelling investment in a thriving Iowa community. The flexible lot size allows for tailored development to meet specific business needs. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Linn
- State
- Iowa
- Longitude
- -91.6055
- Latitude
- 42.0572
