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151 Hwy Marion, IA 52302 • Land - Commercial • Active

New - 44 Hours Ago
  • 151 Hwy , Marion, IA 52302 Main Photo

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Description

Position your business or next development project in one of Marion’s growing commercial corridors. This 29.27 acre commercial tract offers excellent Highway 151 frontage, two highway access points, and a location within city limits. Situated just east of the Highway 13 and Highway 151 intersection and directly across from MEDCO’s Marion Enterprise Center, the property provides excellent visibility, accessibility, and exposure. An additional 3 acre multifamily development parcel is available as an optional purchase, offering the opportunity to expand the project with residential development or create a mixed-use development concept. The property is part of a regional stormwater detention plan serving the larger 120-acre master-planned development, providing a significant advantage by eliminating the need for an individual private detention basin. This allows for greater flexibility in site planning and maximizes the property's usable development area. The location benefits from planned connectivity to Fernow Road/29th Avenue and proximity to the future Linn-Mar Elementary School and Waterlinn Park and Recreation area. With potential uses including convenience stores, hotels, restaurants, retail, office space, and a variety of other commercial ventures, this property presents an exceptional opportunity for developers and investors. The larger 120-acre development has been preliminarily platted and rezoned, creating an excellent foundation for future projects. Rare opportunity to secure a substantial commercial development site with outstanding highway exposure and flexibility in a growing Marion market. Subject to final plat and survey.

Property Highlights

Property Type: Land - Commercial
Total Acres: 29.27 Acres

General Information

County: Linn
Listed By:
Twenty40 Real Estate + Development Rhyse Pelley 319-423-9515
Cedar Rapids MLS
$1,914,462
Est. $13,540/mo
New to the Market Active
LOT SIZE 29.270 acres MLS#2607894
STATUSActive PROPERTY TYPELand - Commercial

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Agent Name: Bob Case
Agent Phone: (563) 340-7514
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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151 Hwy , Marion, IA 52302.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,914,462$1,914,462$1,914,462
Down Payment $67,006$0$382,892
Monthly Mortgage Amount $12,349$12,847$10,318
Taxes $2664$2664$2664
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,149$0$0
Monthly Estimated Total $16,720$16,069$13,540

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About this area

Iowa/Marion
Marion

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Find homes for sale in Marion, IA and learn about the local community and real estate market.

Full of history, Marion, IA is in the top ten of places to raise families. The city is located on the Northeast border of Cedar Rapids and offers all the amenities of big city living while still being a great place to raise a family. Marion, Iowa is one of the youngest cities per capita in the Midwest with its 36,000 residents.

Its Parks and Recreation Department maintains over 600 acres of public ground with a combined total of 41 parks and green spaces. These facilities are used year-round with fun, family-friendly events. Check out music on City Square, the May Arts festival, or the Fall Into Marion festival.

If you’re looking to relocate, Ruhl&Ruhl Realtors has plenty of homes for sale in Marion, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marion and if you need to do a little more research before buying, check out the pages below for additional options:

New Listings in Marion, IA

Marion is located outside of Cedar Rapids. View homes for sale in the Cedar Rapids area for more real estate options.

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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/14/2026. The listing information on this page last changed on 11/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 11/14/2026 12:03:48 AM EST) or MRED MLS (last updated Fri 11/13/2026 11:55:03 PM EST) or SCWMLS (last updated Fri 11/13/2026 11:55:10 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 11/13/2026 10:17:01 PM EST) or Cedar Rapids MLS (last updated Fri 11/13/2026 10:44:18 PM EST) or NEIRBR MLS (last updated Fri 11/13/2026 11:58:40 PM EST) or ICAAR MLS (last updated Fri 11/13/2026 11:37:35 PM EST) or ECIMLS (last updated Fri 11/13/2026 11:44:34 PM EST) or RMLSA (last updated Sat 11/14/2026 12:00:56 AM EST) or Muscatine MLS (last updated Sat 11/14/2026 12:00:07 AM EST) or No Coast MLS (last updated Fri 11/13/2026 11:54:20 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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