1209 Industrial Blvd Marshalltown, IA 50158
This exceptional industrial property, situated on over 1.17 acres within Marshalltown's Industrial Park, offers a substantial 6,640 square feet of versatile space. Ideal for a variety of businesses, this building boasts a thoughtfully designed layout. One side features two office spaces, a reception area with kitchenette, and a bathroom, providing comfortable administrative areas. The other side is dominated by a large, open shop and storage area, perfect for manufacturing, warehousing, or equipment storage. This expansive shop area features impressive 18-foot ceilings, providing ample vertical space. Practical features include in-floor heating, floor drains for easy cleanup, and a convenient RV hookup and dump station. Power is ensured with a whole-building backup generator and 220-volt service. Access is facilitated by three overhead doors – two measuring 14 feet wide by 16 feet high, and one measuring 14 feet wide by 10 feet high. Adding to the income potential, the property includes three separate storage bays, each ideally suited for lease to generate additional revenue. This property presents a unique opportunity to acquire a well-equipped and strategically located industrial building with significant expansion potential. The combination of office and shop space, coupled with the generous land area and exceptional features, makes this an attractive investment. The asking price is $675,000.
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
M-2 · 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.