805 50th St, Marion, IA 52302-3852
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.
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.