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    18Th St Marion, IN 46953

    Sponsored
    For Sale
    $589,500

    I-69 & SR 18: 3.93 Acres, B1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.93-acre commercial land parcel presents a remarkable investment opportunity in Marion, Indiana. Strategically located at the high-traffic intersection of I-69 (Exit 264) and State Road 18, this property boasts unparalleled visibility and accessibility. Zoned B1 - General Business, the site offers a diverse range of development possibilities. Its proximity to major transportation arteries ensures convenient access for both employees and customers. The location is just five miles from downtown Marion, placing it within easy reach of the city's amenities and services. Marion is the county seat of Grant County and is home to Indiana Wesleyan University, the state's largest private university. This thriving community also benefits from the presence of established businesses such as BP, Arby's, Harley-Davidson, America's Best Value Inn & Suites, Dollar General Distribution Center, and Ivy Tech Community College, all located in close proximity to the subject property. The asking price for this highly desirable commercial land is $589,500. The property's APN is 27-08-07-200-003.001-040, 27-08-07-200-003.005-040. This is a rare opportunity to acquire a versatile development site with excellent visibility and access in a growing Indiana market. Don't miss out on this chance to capitalize on the potential of this prime location.

    Property Features for 0 18Th St

    General Information

    Property type
    Land
    Lot Size
    171,191 SF

    HighLights

    • High visibility and convenient interstate access.
    • Prime location at the I‑69 and SR 18 interchange.
    • Suitable for a variety of development projects.
    • B1 General Business zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.55526707991
    Latitude
    40.550753761435

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    FAQs

    What type of property is this?
    Land - I-69 & SR 18: 3.93 Acres, B1 Zoning
    Where is this land located?
    The property is located at 18Th St Marion, IN.
    What is the asking price?
    The asking price for this property is $589,500.
    What are key features of this property?
    This property features: High visibility and convenient interstate access.; Prime location at the I-69 and SR 18 interchange.; Suitable for a variety of development projects.
    (260) 424-8448
    Request Owner's contact information
    18Th St Marion, IN 46953
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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
    18Th St Marion, IN 46953
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