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Lot 3 Tower Terrace Rd, Marion, IA 52302

Marion
Local realty services provided by:CENTURY 21 Signature Real Estate
Lot 3 Tower Terrace Rd,Marion, IA 52302
$631,620
  • 2.9 Acres
  • Lots / Land
  • Active
Listed by: adam gibbs, angie glick
Office: gld commercial real estate advisors
MLS#:202602725
Source:IA_ICAAR

Price summary

  • Price:$631,620

About this home

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.

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Home facts

  • Listing ID #:202602725
  • Added:98 day(s) ago
  • Updated:July 29, 2026 at 04:23 PM

Structure and exterior

  • Lot area:2.9 Acres

Schools

  • High school:Linn Mar
  • Middle school:Linn Mar
  • Elementary school:Linn Mar

Finances and disclosures

  • Price:$631,620

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