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    1452 Lake Blvd Marion, OH 43302

    Sponsored
    For Sale
    $1,100,000

    Commercial Farmland, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 4.769-acre commercial property presents a unique investment opportunity in Marion, Ohio. Located at 1452 Lake Boulevard (APN 44582000500), this land boasts excellent road frontage on Barks Road East, placing it less than a quarter-mile from State Route 423. The property's strategic position offers unparalleled access to a thriving commercial hub, situated amidst a concentration of established businesses and amenities. Nearby establishments include Kroger, various medical offices, banks, the YMCA, and a recently completed condo development, ensuring high visibility and potential for significant foot traffic. Zoned for commercial use, this versatile parcel offers a multitude of development possibilities, making it an ideal choice for entrepreneurs and investors seeking a prime location with substantial growth potential in a rapidly developing area. The asking price for this exceptional property is $1,100,000. This is a rare opportunity to acquire a significant land holding in a high-demand area of Marion County. Don't miss out on this chance to secure a piece of Marion's vibrant commercial landscape.

    Property Features for 1452 Lake Blvd

    General Information

    Property type
    Farms
    Lot Size
    207,738 SF

    HighLights

    • $1,100,000 asking price.
    • 4.769‑acre commercial land parcel.
    • Located in Marion, Ohio, with APN 44582000500.
    • Excellent road frontage on Barks Rd E, near St Rte 423.
    • Prime location near Kroger, medical offices, banks, YMCA, and new condo development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.114548
    Latitude
    40.562933

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    FAQs

    What type of property is this?
    Farm - Commercial Farmland, prime location.
    Where is this farm located?
    The property is located at 1452 Lake Blvd Marion, OH.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price.; 4.769-acre commercial land parcel.; Located in Marion, Ohio, with APN 44582000500.
    Request Owner's contact information
    1452 Lake Blvd Marion, OH 43302
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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
    1452 Lake Blvd Marion, OH 43302
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