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Property profile & analytics
OFF-MARKET
Retail space

125 Merle Hibbs Blvd Marshalltown, IA 50158-4795

2,284 SF 0.75 ac lot Built 2004
Entity Owned
Property ID
US25-1197447
Property summary
AI-generated overview

This exceptional commercial property, located at 125 W Merle Hibbs Boulevard in Marshalltown, Iowa, presents a unique opportunity for businesses seeking a prominent location. The building, constructed in 2004 by Gethmann Construction, boasts a substantial 4,568 square feet of space, distributed across two levels. The main floor, ideal for retail or customer-facing operations, features abundant natural light from large windows, a convenient break room, and a half bathroom. This level offers immediate occupancy for a variety of business types. The finished basement, equally impressive, provides 2,284 square feet of versatile space. This area is perfectly suited for office space, storage, or additional business functions. Two separate entrances/exits ensure convenient access and flexibility. The basement also includes several storage rooms, a large open area, and is pre-plumbed for an additional bathroom, allowing for future expansion and customization. The property sits on a 0.75-acre lot, offering ample space and visibility. This property is priced at $425,000 and is ready for immediate occupancy. Its high-traffic location and versatile layout make it an ideal investment for any growing business.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 2,284 SF
Lot 0.75 ac (32,670 SF)
Zoning code CC
APN 8318-11-328-002
UPID US25-1197447
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
Current use
Occupant on record · Public records
  • The UPS Store Courier Service Postal Service
  • Cracking Cryptocurrency Consultant
  • Great Midwestern Home Inspections Home Inspector
  • Shred Nations Recycling Center Waste Management Facility
  • Dirt To Turf Llc Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
DURGA REAL EST IA LLC
DURGA REAL EST IA LLC
Zoning & alternative use
CC · Marshalltown, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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