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Property profile & analytics
OFF-MARKET
Flex space

1209 Industrial Blvd Marshalltown, IA 50158

6,630 SF 1.17 ac lot Built 2014
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US25-1405426
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2014
Total area 6,630 SF
Lot 1.17 ac (50,965 SF)
Zoning code M-2
APN 8418-36-453-002
UPID US25-1405426
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
Forward Ventures LLC · 12 yrs held
Forward Ventures LLC
since 2014
1 recorded transaction
2014
$11,000
Zoning & alternative use
M-2 · Marshalltown, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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