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Mixed-Use Land for Sale in Marshalltown, Iowa

1001/1003 S 12th St, Marshalltown, IA 50158

$1,100,000
5.3 acres
Active
ago
Est $8,543/mo

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.

Location

Street address
1001/1003 S 12th St
Community
Marshalltown
School district
Marshalltown
Elevation
890 feet
Coordinates
42.0357, -92.9322

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.

Property details

Acreage
5.3 acres
Zoning
Com
MLS #
DMAAR 734907
Posted

Property taxes

2026
$12,420

Parcels

  • 8418-34-377-002
  • 8418-34-377-008

Legal description

Details and features

Listing

Type
Residential

Structure

Materials
Block, Metal Siding

Listing history

DateEventPriceChangeSource
Feb 23, 2026New listing$1,100,000DMAAR
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This 5.3-acre property is located at 1001/1003 S 12th St in Marshalltown, IA 50158. The property is available for sale for $1,100,000 with a price per acre of $207,547.

Checked 2 hours ago — Updated

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