125 Merle Hibbs Blvd Marshalltown, IA 50158-4795
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.
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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.
No recorded transactions found for this property.
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.