0 18Th St, Marion, IN 46953
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.