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3379 7Th Ave Marion, IA 52302

OFF-MARKET Land Google Maps
1.27 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 1.27-acre commercial lot in Marion, Iowa, presents a unique development opportunity within a thriving community. Located in Linn County, at 3379 7th Ave, zip code 52302, this property boasts a highly visible position between Marion's Uptown district and the rapidly expanding east end. Its strategic location offers easy access to the Marion airport, Prospect Meadows, the business district, and the industrial region. The site benefits from its proximity to established businesses such as Hy-Vee, Unity Point Clinic, CVS, Starbucks, and Townplace Suites by Marriott, ensuring high visibility and potential customer traffic. Zoned BR, this land is ideal for a variety of commercial developments, including hotels, retail spaces, or office buildings. Infrastructure and street improvements are either complete or scheduled for completion. The property offers flexibility, with the possibility of building to suit, leaseback arrangements, or partnership opportunities. This high-profile location in one of Iowa's fastest-growing communities makes it an exceptional investment prospect. The asking price is $549,000. Four lots are available, ranging in size from 1.15 acres to 5.16 acres, providing options for various development scales. This property is for sale by owner.

Property profile

Verified
Property type Land
Lot 1.27 ac (55,321 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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