6407 Partners Ave, Unit 401 Marion, IA 52302
Property profile & analytics
6407 Partners Ave, Unit 401 Marion, IA 52302
- Warehouses
- 39,074 SF
- 4.20 lot acres
Property ID
US25-2356977
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 6407 Partners Ave
- Year built
- 2022
- Construction
- STEEL FRAME
- Lot size
- 4.20 lot acres
- Property size
- 39,074 SF
- Property type
- Warehouses
- APN
- 15-03-2-52-002-0-0000
- APU
- 150325200200000
Description
This exceptional investment opportunity presents a nearly new, 39,000-square-foot warehouse/office building situated on a 4.2-acre lot in Marion, Iowa. The property boasts four leasable suites, each spanning 9,750 square feet. One suite (Suite 100) offers 4,000 square feet of office space, complete with nine individual offices, two conference rooms, a reception area, and three bathrooms. This suite also features solar panels and is currently leased to the owner at a rate of $6.95 per square foot, with CAM charges of $3.50 per square foot on a three-year lease. The remaining three suites provide a flexible layout, suitable for either retail or office space at the front and warehouse space in the rear. Each of these warehouse suites includes two 14x14 drive-in overhead doors and one 9x10 dock door for efficient shipping and receiving. Additional features for these suites include a glass curtain wall entry, a 6-inch reinforced floor, radiant tube heating, 200-amp electrical service, three rows of LED high-bay lights, a sprinkler system, a fire alarm, and exterior surveillance with security lighting. The property offers ample parking, with over 40 spaces at the front and additional exterior parking and equipment storage at the rear. This presents a unique chance to acquire a nearly new warehouse at a cost lower than new construction, while simultaneously generating income through leasing the available warehouse space. Daily tours are available.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Linn
- State
- Iowa
- Longitude
- -91.5394
- Latitude
- 42.0282
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$89,036
$396,500
$2,114,300
$2,510,800
-
$396,500
$2,114,300
$2,510,800
