Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1155 Grand Ave Marion, IA 52302

FOR LEASE
Strip malls
Property ID
US25-1384622
19,533 SF 3.44 ac lot Built 1966
Last sale Jun 2024 · $770,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A newly constructed mixed-use retail and office property located at the southeast corner of East Post Road and Grand Ave in East Grand Village, configured with flexible suite sizes and delivered as a basic interior shell (“vanilla box”). The site offers abundant on-site parking and is positioned for visibility at a street-corner location, with convenient access to uptown Marion, SE Cedar Rapids, and Highway 100. The property’s site location is reported to experience approximately 11,000 vehicles per day based on IDOT figures.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value · 2023$1.09M
Assessed land$619k
Assessed improvement$476k
Effective rate2.45%

Value estimate

· Nov 2026
$770k
$693k – $847k
AI approach$770k
Submarket $/SF estimate$965k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$8k
Operating expenses−$6k
NOI · 97,180.00% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$39 – $148

Cap rate analysis

How does the asset earn?
97,180.00%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.6
Auto Parts Store9.4
Garden Center9.1

Location

1155 Grand Ave Marion, IA 52302
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Marion, Marion, IA 52302-3123 $920,000 Feb 2024 7,598 SF
905 29th, Marion, IA 52302-1123 $1,075,000 Jan 2024 6,000 SF
2840 7th, Marion, IA 52302-3711 $746,000 Jan 2023 5,023 SF
115 Marion Blvd, Marion, IA 52302-3135 $625,000 Mar 2022 No data
6147 Carlson, Marion, IA 52302-6660 $462,000 Feb 2022 6,810 SF
917 Barrington, Marion, IA 52302-9043 $2,300,000 Jan 2021 6,293 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved