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Property profile & analytics

805 50th St Marion, IA 52302-3852

  • Warehouses
  • 5,760 SF
  • 1.00 lot acres
OFF-MARKET
Last Sale
May 07, 2021
Value Estimations
$290,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0344179
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.

Current Use by Public Records

  • Warehouses

Property Details for 805 50th St

Year built
1990
Lot size
1.00 lot acres
Property size
5,760 SF
Property type
Warehouses
APN
15-04-2-26-004-0-0000
APU
150422600400000

Description

This exceptional 13,000-square-foot industrial property in Marion, Iowa, presents a unique opportunity for businesses seeking ample space and versatile functionality. Situated on a one-acre lot, this property boasts four separate buildings, offering a diverse range of options for operations and storage. The main building, comprising approximately 6,000 square feet, features three offices, a reception area, a break room with a sink, two restrooms, and five shop bays equipped with two furnaces. One bay is conveniently fitted with a service pit, while another is specifically designed for vehicle washing, complete with a built-in pressure washer and floor drain. A second building, located at the rear of the property, adds another approximately 6,000 square feet of space with five bays and a furnace for two of the bays. Two smaller structures, a small office building and a small warehouse, are situated on the southwest corner of the property. Ten drive-in doors provide easy access, complemented by an outdoor dock for efficient loading and unloading of materials. The property is zoned for Business Regional use and features 220-volt power. Previously occupied by a successful concrete contractor, this property offers significant potential for a variety of industrial and commercial uses. The ample space, multiple buildings, and outdoor storage area make this an attractive option for businesses requiring substantial operational space. The Linn County location provides convenient access to transportation routes and local amenities. The property's APN is 150422600400000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $307,000
    Market price range: $132k - $359k
    AI Estimate
    $339,000
    Market price range: $167k - $497k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Marion
County
Linn
State
Iowa
Longitude
-91.5562
Latitude
42.0346
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
$11,984
$130,000
$270,900
$400,900
-
$130,000
$270,900
$400,900
More about this property
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