LOT 3 TOWER TERRACE Road, Marion, IA 52302
Linn County
Key Facts
Description
Shovel-ready site located on the Tower Terrace Rd extension near the Linn-Mar campus. This upscale professional park is home to ESCO Group, YMCA, UnityPoint, & other medical and retail users. Price includes a fully developed, level lot with utilities; fiber connectivity is available via IMON. Site size is flexible, with 2 to 6.7 acres available. Preliminary plat is complete; owner will final plat to buyer’s specific lot size. The City’s new comprehensive plan designates the area as “MU–Mixed Use.” This allows for higher-intensity residential development (over 14 units/ac), including stand-alone multifamily or upper-story residential. The commercial component is intended to complement the residential use with services such as medical/dental clinics, personal services, daycare, assisted living, grocery, retail, restaurants, cafes, & more. MU developments evaluated for mobility, layout, & public open space integration.
Property Information
Property Type
Farm
Lot Size
2.90 acres
Lot Dimensions
2.9 ACRES
Days on Market
754
MLS® Listing#
2402121
Property Features
Lot Features
Utilities
Sewer
Water Source
Financial Details
Parcel Number
LOT 3 TOWER TERRACE RD
Directions
10TH STREET NORTH TO TOWER TERRACE, WEST ON TOWER TERRACE NEAR 3RD ST
Affordability Calculator
$126,324
Estimated monthly payment
$3,362/mo
Principal $505,296 · Est. interest $704,933 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Marion, IA
- $404,000
- Median Listing Price
- 69
- Median Days on Market
- 2,322
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 136
- Active Listings
- This home’s price is 56% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Marion, IA.
Location
Points of Interest in Marion, IA
Showing the Marion area map.
Nearby Schools
Excelsior Middle School
Secondary · 0.5 mi away
Indian Creek Elementary School
Elementary · 0.5 mi away
Linn-Mar High School
Secondary · 0.6 mi away
Wilkins Elementary School
Elementary · 1.0 mi away
Novak Elementary School
Elementary · 1.0 mi away
St Joseph Catholic School
School · 1.3 mi away
Emerson Elementary School
Elementary · 1.5 mi away
Longfellow Elementary
Elementary · 1.6 mi away
Linn-Mar Community Schools
Secondary · 1.6 mi away
Linn Mar Stadium
School · 1.6 mi away
Linn-Mar Community Schools
Secondary · 1.6 mi away
Hazel Point Intermediate
Secondary · 1.7 mi away
Echo Hill Elementary
Elementary · 1.7 mi away
Vernon Middle School
Secondary · 1.9 mi away
Linn Grove Elementary School
Elementary · 1.9 mi away
Francis Marion Intermediate School
Elementary · 2.0 mi away
Bowman Woods Elementary School
Elementary · 2.2 mi away
Marion High School
Secondary · 2.3 mi away
Starry Elementary School
Elementary · 2.4 mi away
Marion Independent School District
School · 2.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2595 Victoria Street, Marion, IA | $447,000 | 4 | 2 | 2,735 |
| 888 10th Street, Marion, IA | $449,950 | — | — | 4,800 |
| 5415 Triple Crown, Marion, IA | $455,000 | 4 | 3 | 2,433 |
| 3461 Winchester Drive, Marion, IA | $455,000 | 3 | 2 | 1,611 |
| 3284 Artesian Road, Marion, IA | $459,990 | 5 | 4 | 2,964 |
| 4314 Hastings Drive, Marion, IA | $465,000 | 3 | 2 | 1,708 |
Moving Cost Estimate
EXIT Agents in Marion
Listing Courtesy: GLD COMMERCIAL - 3197313400
Presented by: Adam Gibbs