6 Tower Terrace Rd Marion, IA 52302
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.