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    Specialty properties

    45 E St, Marion, IN 46953

    50,530 SF 1.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.16-acre commercial land parcel in Marion, Indiana, presents a unique investment opportunity. Located at 45 S 600 E Street, this 50,530 square foot site boasts a highly desirable location with significant visibility and accessibility. The property is zoned to accommodate a wide range of commercial uses, including gas stations, restaurants, and hotels, making it an ideal location for a variety of businesses. Its strategic position benefits from a dedicated stoplight, the only one west of I-69 exit, ensuring high traffic flow and excellent exposure to potential customers. The surrounding area is experiencing significant growth, with numerous new businesses, hotels, and retail outlets recently established. This prime location offers unparalleled potential for substantial returns on investment. The property's size and zoning flexibility provide ample opportunity for development, catering to a diverse range of commercial ventures. The presence of the stoplight significantly enhances visibility and accessibility, making it an attractive location for businesses seeking high traffic volume. This is a rare opportunity to acquire a strategically located commercial property in a thriving area. The asking price is $395,000. The property is situated in Grant County, Indiana, with a zip code of 46953.

    Property profile
    Verified
    Property type Specialty properties
    Total area 50,530 SF
    Lot 1.16 ac (50,530 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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