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Shovel-ready site located on the Tower Terrace Road extension in Marion, near the Linn-Mar campus. This upscale professional park is home to ESCO Group, YMCA, UnityPoint, and 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 a 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/acre), including stand-alone multifamily or upper-story residential. The commercial component is intended to complement the residential use with services such as medical or dental clinics, personal services, daycare, assisted living, grocery, retail, restaurants, cafes, and more. Mixed-use developments will be evaluated for mobility, layout, and public open space integration.
| DAYS ON MARKET | 612 | LAST UPDATED | 12/23/2024 |
|---|---|---|---|
| TRACT | Stonefield Commercial | YEAR BUILT | 0 |
| COMMUNITY | OutOfArea | COUNTY | Linn |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Linn Mar |
|---|---|
| Jr. High School | Linn Mar |
| High School | Linn Mar |
| PRICE HISTORY | |
| Prior to Dec 23, '24 | $1,666,170 |
|---|---|
| Dec 23, '24 - Today | $631,620 |
| ADDITIONAL DETAILS | |
| AREA | OutOfArea |
|---|---|
| HOA DUES | Annually |
| LOT | 2.9 acre(s) |
| LOT DESCRIPTION | Cleared, Level |
| SUBDIVISION | Stonefield Commercial |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Adam Gibbs, GLD Commercial Real Estate Advisors
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