Financial
Distress signals
Property profile

796 11Th St A Marion, IA 52302

FOR SALE
Turn key restaurants
Property ID
US25-0804564
4,813 SF 0.17 ac lot Built 1901
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value · 2023$483k
Assessed land$17k
Assessed improvement$466k
Effective rate3.14%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$112k
Vacancy & credit loss−$9k
Operating expenses−$26k
NOI · 9.71% cap applied$77k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$113/SF
County average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$84 – $168

Cap rate analysis

How does the asset earn?
9.71%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.2
Dental Office18.9
Wholesale Shop14.2

Location

796 11Th St, Unit A Marion, IA 52302
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
905 29th, Marion, IA 52302-1123 $1,075,000 Jan 2024 6,000 SF
1000 44th, Marion, IA 52302-1542 $620,000 Jan 2023 6,050 SF
2840 7th, Marion, IA 52302-3711 $746,000 Jan 2023 5,023 SF
2525 7th, Marion, IA 52302-3669 $1,550,000 Jan 2023 5,726 SF
6147 Carlson, Marion, IA 52302-6660 $462,000 Feb 2022 6,810 SF
917 Barrington, Marion, IA 52302-9043 $2,300,000 Jan 2021 6,293 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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