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1199 44th St
Marion, IA 52302
Industrial Property For Sale

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Executive Summary

Position your operation or investment in a high-functioning office and distribution facility at 1199 44th St in Marion. This ±35,900 SF property is available for lease or sale and offers a clean, efficient mix of office and warehouse space well-suited for distribution, light industrial, or owner-user operations. Investment Cap Rate & NOI are pro forma numbers.
The property benefits from excellent regional access, located just minutes from Hwy 151 and Hwy 13, making it an ideal hub for logistics, service, or multi-location businesses. The warehouse layout supports efficient loading and internal circulation, while generous on-site parking accommodates employees, fleet vehicles, and visitors.
A roof-mounted solar panel system provides a meaningful operational advantage, having reduced the occupant’s electric costs by approximately $20,000 last year, directly improving operating economics for both tenants and owner-users.
Updated information on loading configuration, power, clear heights, and floor plan is available upon request.
Efficient. Accessible. Cost-conscious.
A compelling opportunity for users or investors seeking quality industrial space in one of the Corridor’s strongest submarkets.

Property Facts

Sale Type Investment or Owner User
Cap Rate 7.48%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Research & Development
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 1.42 AC
Rentable Building Area 35,900 SF
No. Stories 2
Year Built/Renovated 1992/2018
Tenancy Single
Parking Ratio 0.5/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 2
Zoning C-3 - General Commercial

Amenities

  • Conferencing Facility
  • Storage Space
  • Air Conditioning
  • On-Site Power Generation

Utilities

  • Gas
  • Water
  • Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
10324-76025-00000
Land Assessment
$359,671 CAD
Improvements Assessment
$2,699,104 CAD
Total Assessment
$3,058,774 CAD
  • Listing ID: 39548263

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 1199 44th St, Marion, IA 52302

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