Property profile

4651 8th Ave Marion, IA 52302

OFF-MARKET
Warehouses
Property ID
US25-0248390
27,500 SF 1.19 ac lot Built 1979
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction STEEL FRAME
Total area 27,500 SF
Lot 1.19 ac (51,836 SF)
APN 15-05-1-03-001-0-0000
UPID US25-0248390

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Environmental Consultant Environmental Program

Location

4651 8th Ave Marion, IA 52302-3828
Marion metro Census 103 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$799k
Blend (final) Blend
$1.23M

Owner & transaction history

since 2024
Last sale
$1.2M
1 recorded transaction
2024
$1.2M

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.7M +28.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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