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Property profile & analytics
OFF-MARKET
Office buildings

1515 Marshall St Boone, IA 50036-5312

2,006 SF 0.29 ac lot Built 1981
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US25-1171013
Property summary
AI-generated overview

This exceptional 2.01-acre commercial land parcel presents a unique investment opportunity in Boone, Iowa. Strategically located at the intersection of Highway 30, this property enjoys high visibility and accessibility, ensuring significant exposure to a substantial daily traffic volume. Its proximity to the popular Boone Speedway further enhances its appeal and potential for attracting a diverse customer base. The land is currently designated as a Walmart outlot, offering immediate recognition and brand association. While the lot will require re-platting, this presents a chance to tailor the space to specific development needs, maximizing its potential value. The property's address is 1515 SE Marshall St, Boone, IA 50036, situated within Boone County. Detailed site plans and surveys are available upon request. This prime location in a thriving community makes this a compelling opportunity for businesses seeking a high-impact presence in a well-established market. The property's size and location make it suitable for a variety of commercial developments, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1981
Total area 2,006 SF
Lot 0.29 ac (12,440 SF)
Zoning code INC
APN 88426334282050
UPID US25-1171013
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
  • Jakes Fireworks Discount Store Party Supply Store
  • Walmart Business Center (Bike/Boat/Book/etc) Store
  • Primo Water Refill & Exchange Big Box & Wholesale Store
  • Walmart Money Center Check Cashing
  • Walmart Tech Services Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dmk Investments LLC · 6 yrs held
Dmk Investments LLC
since 2019
1 recorded transaction
2019
$138,000
Zoning & alternative use
INC · Boone, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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