1001/1003 S 12th Street, Marshalltown, IA 50158
Marshall County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Warehouse
Living Area
35,436 sq ft
Lot Size
5.30 acres
Zoning
Com
Days on Market
101
MLS® Listing#
734907
Property Features
Construction
Financial Details
HOA
None
Annual Taxes
$12,420
Tax year 2026
Parcel Number
8418-34-377-008; 8418-34-377-002
Directions
From Hwy 330 continue on when road turns into Lincoln Way. Turn S onto S 12th Street, then cross the railroad tracks. The property is on the W side of the road after the train tracks.
Affordability Calculator
$190,000
Estimated monthly payment
$5,056/mo
Principal $760,000 · Est. interest $1,060,268 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Marshalltown, IA
- 28
- Median Days on Market
- 1,259
- Median Sq Ft
- $134
- Median Price / Sq Ft
- 46
- Active Listings
- Its price per sq ft is 80% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Marshalltown, IA.
Location
Points of Interest in Marshalltown, IA
Showing the Marshalltown area map.
Nearby Schools
Marshalltown Community School District
Secondary · 0.0 mi away
Anson Elementary School
Elementary · 0.1 mi away
Marshalltown Christian School
School · 0.3 mi away
MHS Auditorium
School · 0.4 mi away
Marshalltown Senior High School
Secondary · 0.5 mi away
Lenihan Intermediate School
Secondary · 0.6 mi away
Sonshine Pre-School
School · 0.6 mi away
St Francis Catholic School
School · 0.7 mi away
Marshalltown Area Catholic School
School · 0.8 mi away
Central Iowa Christian Academy
School · 0.8 mi away
Bobcat Academy
School · 0.8 mi away
Woodbury Elementary School
Elementary · 1.0 mi away
Fisher Elementary School
Elementary · 1.0 mi away
Hoglan Elementary School
Elementary · 1.2 mi away
Rogers Elementary School
Elementary · 1.3 mi away
Miller Middle School
Secondary · 1.4 mi away
Franklin Elementary School
Elementary · 1.7 mi away
New Hope Christian Church
School · 2.6 mi away
GMG Elementary School
Elementary · 6.5 mi away
East Marshall High School
Secondary · 6.9 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 |
|---|---|---|---|---|
| 718 & 910 N 4th Avenue, Marshalltown, IA | $768,000 | — | — | 7,502 |
| 2699 Ridge Road, Marshalltown, IA | $888,900 | 5 | 5 | 3,678 |
Moving Cost Estimate
EXIT Agents in Marshalltown
Listing Courtesy: WB Realty Company - (515) 966-5478