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    107 S Pennsylvania St Marion, IN 46952

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    For Sale
    Contact for pricing

    130,940 SF industrial property with greenhouse near I-69.

    Property size:
    130,940 SF
    Lot size:
    16.06 Acres

    Property Features for 107 S Pennsylvania St

    General Information

    Size
    130,940 SF
    Lot size
    16.06 Acres

    Source: Colliers Agent Aaron Snoddy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marion Industrial Property with Greenhouse

    This industrial property offers approximately 130,940 square feet of total space, situated on approximately 16.06 acres. The main building comprises approximately 127,820 square feet, complemented by an out-building of approximately 3,120 square feet. A notable feature is the inclusion of a large greenhouse. The property is equipped with one dock door, measuring 10 feet by 10 feet and featuring a manual leveler, along with eight drive-in doors of various sizes, up to 14 feet by 14 feet. It also includes a large commercial kitchen equipped with hood systems. Located within 5 miles of I-69, the property offers accessibility for transportation and logistics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.644985
    Latitude
    40.560306

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    FAQs

    What type of property is this?
    Office building - 130,940 SF industrial property with greenhouse near I-69.
    Where is this office building located?
    The property is located at 107 S Pennsylvania St Marion, IN.
    What are key features of this property?
    This property features: - ± 130,940 Total SF of building space on ± 16.06 Acres; - Convenient location within 5 miles of I-69; - Eight (8) Drive-In Doors (various sizes up to 14’ x 14’)
    (317) 410-5962
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    107 S Pennsylvania St Marion, IN 46952
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    Marion, IN 46952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 S Pennsylvania St Marion, IN 46952
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