500 Marion N Rd Central City, IA 52214
- Warehouses
- 2,520 SF
- 1.47 lot acres
Current Use by Public Records
- Warehouses
Property Details for 500 Marion N Rd
- Year built
- 1952
- Lot size
- 1.47 lot acres
- Property size
- 2,520 SF
- Zone code
- GC
- Property type
- Warehouses
- APN
- 02-34-4-51-007-0-0000
- APU
- 23445100700000
Description
This exceptional offering presents a rare opportunity to acquire approximately 12 acres of level, developable land in Central City, Iowa. Conveniently located at 500 Marion Rd S, this property is zoned M-1, Light Industrial, making it ideal for a variety of commercial and industrial uses. The sale includes an existing garage and barn, adding immediate value and potential utility. While the seller's records indicate approximately 12 acres, the assessor's records show 9.9 acres, and the City of Central City suggests the actual acreage may be higher. A survey will be conducted to determine the precise acreage upon sale. The seller will retain a house situated on the northwest corner of the property and will have it surveyed separately. This property is priced at $1,071,576, translating to approximately $89,298 per acre. The sale price equates to $2.05 per square foot, based on the seller's acreage estimate. This prime location in Linn County, Iowa (zip code 52214), offers significant potential for development and investment. Don't miss this chance to secure this valuable industrial land parcel. The APN is 07034-53005-00000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Central City
- County
- Linn
- State
- Iowa
- Longitude
- -91.5291
- Latitude
- 42.2099
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
