For Sale
$525,000

702 3Rd Ave Marshalltown, IA 50158

Prime Redevelopment Opportunity, 13.94 Acres

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 13.94-acre commercial land parcel, located at 702 S 3rd Ave in Marshalltown, Iowa, presents a compelling redevelopment opportunity. Zoned M-2, this property offers significant potential for various commercial ventures. The site currently features eight existing warehouse/industrial buildings, providing a solid foundation for future development or immediate operational use. The asking price is $525,000, translating to a land value of $0.86 per square foot. This strategic location in Marshall County, Iowa, zip code 50158, benefits from the advantageous designation as an Opportunity Zone, unlocking substantial tax benefits for qualified investors. Furthermore, financial incentives are available, adding to the attractiveness of this investment. The property's coordinates are 42.0404997 latitude and -92.9039817 longitude. This is a rare chance to acquire a large, well-situated commercial property with existing structures and significant potential for growth, all while leveraging the benefits of Opportunity Zone incentives and available financial assistance. Don't miss this chance to capitalize on this prime redevelopment opportunity in a thriving Iowa community.

Highlights

  • $525,000 asking price for 13.94 acres of commercial land.
  • M-2 zoning.
  • Eight existing warehouse/industrial buildings.
  • Opportunity Zone designation.
  • Financial incentives available.

Property Details for 702 3Rd Ave

Property type
Land
Lot Size (sq. ft)
607,226 SF

Location Insight

City
Marshalltown
County
Marshall
State
Iowa
Latitude
42.0404997
Longitude
-92.9039817

FAQs

What type of property is this?
Land - Prime Redevelopment Opportunity, 13.94 Acres
Where is the land located?
The property is located at 702 3Rd Ave Marshalltown, IA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: $525,000 asking price for 13.94 acres of commercial land.; M-2 zoning.; Eight existing warehouse/industrial buildings.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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702 3Rd Ave
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