101 Iowa Ave W Marshalltown, IA 50158
For Lease
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Southgate Plaza, located at 101 Iowa Ave W, Marshalltown, IA 50158, presents a unique commercial real estate opportunity. This single-story, 79,758 square foot building, constructed in 2000 and renovated in 2021, sits on a 9.69-acre lot and offers flexible space ideal for various uses. Currently zoned commercial, the property is classified as Class C and features two suites, with 21,090 square feet of vacant space available. Minimum divisible space is 5,000 square feet, with a maximum contiguous space of 21,090 square feet. The property's location offers excellent visibility and accessibility, situated near major roadways and public transportation. Its convenient location near Menards, Walmart, Culver's, Planet Fitness, Theisen's, Applebee's, Marshalltown Community College, and UnityPoint Health Marshalltown Hospital provides strong co-tenancy and high traffic volume. The ample surface parking lot caters to businesses requiring significant customer or employee parking. This versatile property is suitable for a range of retail, office, and restaurant tenants seeking a prominent location in the Fort Dodge/Ames submarket. The property's size and layout make it an attractive option for businesses needing substantial space. Inquire today to learn more about this exceptional opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CC · Marshalltown, IAMarshalltown. Always verify with local authorities before improvements.
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.