713 12th St Marshalltown, IA 50158-3708
This exceptional 5,200 square foot commercial property, situated on a spacious 2.03-acre lot at 713 S 12th Street in Marshalltown, Iowa, presents a remarkable investment opportunity. Built in 2006 as a daycare center, this building boasts a proven history of successful operation, previously accommodating approximately 75 children. The layout is thoughtfully designed with multiple classrooms, a fully equipped commercial kitchen, ample bathrooms, and substantial storage areas. The property features a large fenced outdoor play area, providing a safe and secure environment for children. Convenient parking is readily available, and the location offers excellent visibility and accessibility off a main road. The interior is largely move-in ready, minimizing the need for extensive renovations. This turnkey solution is perfect for an entrepreneur looking to establish or expand a daycare or preschool business, or for an investor seeking a strong return on investment in a well-established building with significant potential. The property's size, layout, and history make it an ideal choice for a variety of commercial uses, offering a rare combination of functionality and location. The asking price is $349,900. Don't miss this chance to acquire a valuable asset in a thriving community.
-
Marshall County Child Care Services Charitable Organization Social Service Agency
-
Child & Adult Care Food Program Daycare Center
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
R-2 · Marshalltown, IAMarshalltown. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.