6260 Gtwy Dr Marion, IA 52302-7238
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.