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    Property profile & analytics

    Marshalltown, IA 50158

    • Office buildings
    • 54,958 SF
    • 1.83 lot acres
    OFF-MARKET
    Value Estimations
    $4,690,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0135660
    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

    • Office buildings

    Property Details

    Year built
    2019
    Lot size
    1.83 lot acres
    Property size
    54,958 SF
    Property type
    Office buildings
    APN
    8418-36-108-014
    APU
    841836108014

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,689,000
      Market price range: $1.55M - $7.09M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,240,000
      Current use
      COMMERCIAL (GENERAL)
      $4,590,000
      Change: +8% Conversion: Easy
      RESTAURANT
      $4,280,000
      Change: +1% Conversion: Moderate
      WAREHOUSE, STORAGE
      $3,805,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.8995
    Latitude
    42.0485
    CBSA code
    32260
    CBSA name
    MARSHALLTOWN, IA MICROPOLITAN 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
    $113,186
    $0.00
    $0.00
    $4,302,050
    -
    $0.00
    $0.00
    $4,302,050

    Comparable in this City

    • Value Estimation by Request
      273 SF

      402 10th Ave

      OFFICE BUILDING • 273 SF
      402 10th Ave, Marshalltown, IA 50158-2168
      View Details
    • Value Estimation
      $550,000
      21,332 SF

      408 12th Ave

      OFFICE BUILDING • 21,332 SF
      408 12th Ave, Marshalltown, IA 50158-3190
      View Details
    • Value Estimation
      $1,795,000
      62,791 SF

      2373 Jessup Ave

      OFFICE BUILDING • 62,791 SF
      2373 Jessup Ave, Marshalltown, IA 50158-9845
      View Details
    • Value Estimation
      $3,280,000
      25,423 SF

      909 2nd St

      OFFICE BUILDING • 25,423 SF
      909 2nd St, Marshalltown, IA 50158-3217
      View Details
    • Value Estimation
      $1,165,000
      16,374 SF

      703 3rd Ave

      OFFICE BUILDING • 16,374 SF
      703 3rd Ave, Marshalltown, IA 50158
      View Details
    • Value Estimation by Request
      2,960 SF

      23 Ctr St

      OFFICE BUILDING • 2,960 SF
      23 Ctr St, Marshalltown, IA 50158-2850
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      48,400 SF

      Marshalltown Downtown Commercial Building For Sale

      Five-story commercial building in downtown Marshalltown with modern office space.
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    • Contact for pricing
      91,694 SF

      Redevelopment Opportunity in Historic District

      2.35-acre site with redevelopment potential in Marshalltown's historic district.
      312 E Main St, Marshalltown, IA 50158
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    • $955,000

      Downtown Marshalltown Multitenant Office Building

      18,460 SF office building in downtown Marshalltown.
      202 W State St, Marshalltown, IA 50158
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    • $349,900
      Pending

      High-Visibility Commercial Property in Marshalltown

      Versatile commercial property at a busy intersection, ideal for various ventures.
      306 W Madison St, Marshalltown, IA 50158
      View Details
    • $30,000
      0.23 Acres

      Residential Land in South Marshalltown

      Residential land for building a home in a convenient location.
      901 E Southridge Rd, Marshalltown, IA 50158
      View Details
    • $56,500
      0.30 Acres

      Residential Land in Marshalltown, Iowa

      Land for new home construction in a convenient location.
      805 Woodside Dr, Marshalltown, IA 50158
      View Details

    Similar Nearby for Lease

    • $940 /Mo
      32,234 SF

      Professional Office Space Available

      Bright office space with reception, two offices, and parking.
      204 E Linn St, Marshalltown, IA 50158
      View Details
    • Contact for pricing

      Retail Strip Center Near Interstate

      Retail strip center with ample parking and convenient interstate access.
      101 Iowa Ave W, Marshalltown, IA 50158
      View Details
    • $3,000 /Mo
      13,504 SF

      Marshalltown Commercial Space For Lease

      Commercial space for lease with multiple potential uses.
      1724 S Center St, Marshalltown, IA 50158
      View Details
    • $700 /Mo

      Downtown Office Space For Rent

      Office space for rent near downtown Marshalltown, Iowa.
      1 N 4Th St, Marshalltown, IA 50158
      View Details
    • $1,000 /Mo
      24,829 SF

      Marshalltown Office Space For Rent

      Office suite with private bathroom, offices, and kitchenette available.
      307 W Main St, Marshalltown, IA 50158
      View Details
    • $730 /Mo
      32,234 SF

      Versatile Commercial Space Available

      Adaptable commercial space ideal for office or wellness services.
      204 E Linn St, Marshalltown, IA 50158
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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