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Financial
Distress signals
Property profile

2931 7Th Ave Marion, IA 52302

FOR SALE
Strip malls
Property ID
US25-2303337
11,964 SF 1.75 ac lot Built 2018
Last sale Aug 2018 · $1,143,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 2,970-square-foot office or retail suite located within a multi-tenant strip center along 7th Avenue in Marion. The suite’s interior buildout includes multiple enclosed rooms, creating a layout suitable for uses that require private offices or treatment/consultation-style spaces, including medical office use and other professional services. The strip center includes a mix of retail and dining tenants and is positioned along a heavily traveled corridor, with the listing citing traffic counts…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$105k
Tax billed · 2022
Assessed value · 2023$2.70M
Assessed land$1.37M
Assessed improvement$1.34M
Effective rate3.87%

Value estimate

· Oct 2026
$1.55M
$1.40M – $1.71M
CAP approach$1.87M
Submarket $/SF estimate$1.77M
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$6k
Operating expenses−$5k
NOI · 74,647.37% cap applied$14k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$39 – $148
Qualifying comparables3

Cap rate analysis

How does the asset earn?
74,647.37%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.7
Restaurant32.6
Dental Office31.8

Location

2931 7Th Ave Marion, IA 52302
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1155 Grand, Marion, IA 52302-5216 $770,000 Jun 2024 19,533 SF
500 Marion, Marion, IA 52302-3123 $920,000 Feb 2024 7,598 SF
905 29th, Marion, IA 52302-1123 $1,075,000 Jan 2024 6,000 SF
2840 7th, Marion, IA 52302-3711 $746,000 Jan 2023 5,023 SF
6147 Carlson, Marion, IA 52302-6660 $462,000 Feb 2022 6,810 SF
917 Barrington, Marion, IA 52302-9043 $2,300,000 Jan 2021 6,293 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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