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Property profile & analytics
OFF-MARKET
Land

6 Tower Terrace Rd Marion, IA 52302

3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3-acre commercial lot in Marion, Iowa, presents a unique opportunity for development. Situated in an upscale professional park alongside established businesses such as Esco Group, Edward Jones, and Barrel House, this shovel-ready site offers immediate construction potential. The property boasts a fully developed, level lot with readily available utilities, ensuring a seamless building process. Access to high-speed fiber internet connectivity is provided by IMON, catering to modern business needs. The lot is zoned C-3, allowing for a wide range of commercial uses. While this listing features a 3-acre parcel, the owner is willing to adjust the final plat to accommodate specific lot size requirements within the range of 3.0 to 5.1 acres. Preliminary platting is already complete, streamlining the permitting and development phases. This location offers excellent visibility and accessibility, making it an ideal investment for businesses seeking a prime location in a thriving commercial area near the Linn Mar campus. The asking price of $1,829,520 includes all site preparation and utility connections.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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