1003 S 12th St - Industrial FOR SALE


Marshalltown, IA 50158
$1,100,000 USD
515-468-3470
1003 S 12th St, Marshalltown, IA for Sale
$1,100,000 USD
Industrial - FOR SALE
1/9
null | 7.35% Cap Rate

1003 S 12th St
Marshalltown, IA 50158


HIGHLIGHTS

  • Owner/user or lease opportunity
  • Verizon Wireless cell tower lease in place
  • Potential self-storage or indoor and outdoor boat/RV storage

OVERVIEW

Positioned in a convenient Marshalltown location, this unique industrial offering features six separate warehouse buildings on one site, providing exceptional flexibility for investors and owner-users alike. Five of the buildings are well-suited for general warehouse use, owner-occupants, or value-add leasing opportunities. The layout and access also make the property an excellent candidate for self-storage conversion or RV/boat storage, allowing multiple paths to maximize income. A major highlight is the long-term cellular tower lease with Verizon Wireless located on the northwest corner of the property, delivering stable, reliable income. The site currently includes several tenants in place, offering immediate cash flow with additional upside through lease-up or repositioning. The property also features ample excess land, ideal for outdoor storage, contractor yard use, or future development of an additional warehouse building. With multiple income streams, flexible building configurations, and expansion potential, this is a compelling opportunity in the Marshalltown industrial market.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

12th Street Warehouse & Storage Facility

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

UTILITIES

Lighting, Gas, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.3

LAND SF

230,868

ZONING

General Industrial

APN/PARCEL ID

8418-34-377-008

ASK ABOUT THIS PROPERTY

Matt GunsWB Realty CoMore Info
515-468-3470

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Matt GunsWB Realty CoMore Info
515-468-3470

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.