6900 Partners Ave, Marion, IA 52302-5144
This Marion, IA industrial property offers a unique investment opportunity. The 47,200 square foot property comprises two buildings on an 8.8-acre lot, zoned PUD. Building 1, a 35,200 square foot climate-controlled warehouse, features 20 ground-level overhead doors and is constructed with 3-inch insulated metal panels. Its design allows for expansion to nearly 65,000 square feet. Building 2, a 12,000 square foot wood-frame flex building, includes 4 ground-level overhead doors and was completed in 2023. Both buildings share a parking lot. The property is divisible, with a minimum leasable space of 3,000 square feet and a maximum contiguous space of 35,200 square feet. Currently, 35,200 square feet is vacant. Built in 2021, the property offers multiple tenancy options, including the potential to lease each building separately or as a package. The site plan allows for the construction of up to four 12,000 square foot flex buildings, presenting significant expansion potential. This versatile property at 6900 Partners Ave, Marion, IA 52302, is ideal for entrepreneurs and businesses seeking flexible space and growth opportunities. The property's APN is 15032-27002-00000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.