You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $515,000
Commercial real estate

6260 Gtwy Dr Marion, IA 52302-7238

5.61 ac lot
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US25-0211624
Property summary
AI-generated overview

This exceptional 5.61-acre lot, located at 6260 N Gateway Dr, Marion, IA 52302 (APN 150410100300000), presents a unique opportunity for commercial or industrial development. Situated within the established Marion Commerce Park, this fully developed lot boasts convenient access to all city services, ensuring a seamless construction process. Benefit from high visibility on Highway 151, experiencing nearly 17,000 vehicles daily passing the property, and approximately 68,000 vehicles per day at the intersection of Highways 151 and 13. The property is zoned M-2, providing flexibility for a variety of uses. Protective restrictive covenants are in place to maintain property values and ensure a consistent, high-quality development within the park. This is the final available lot in Marion Commerce Park, making this a truly exceptional investment opportunity at the crossroads of Highways 13 and 151. The asking price is $733,115. Don't miss this chance to secure a prime location for your next project.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5.61 ac (244,372 SF)
APN 15-04-1-01-003-0-0000
UPID US25-0211624
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
Wayne P Engle · 15 yrs held
Wayne P Engle
since 2010
Last sale
$550,000
2 recorded transactions
2012
Price N/A
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6260 Gtwy Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message