0 Corridor Dr, Marion, IN 46953
This exceptional 3-acre commercial land parcel presents a prime development opportunity in Marion, Indiana. Strategically located at a signalized intersection just west of I-69 Exit 264, this property boasts high visibility and accessibility. The site benefits from a combined daily traffic count of 42,320 vehicles at the intersection, ensuring significant exposure for any business. Its location within a Tax Increment Financing (TIF) district offers potential property tax abatement, making it an even more attractive investment. The property's GB (General Business) zoning allows for a wide range of uses, including restaurants, quick-service restaurants, daycare centers, gyms, and medical offices. The high average household income of $78,861 within a three-mile radius surpasses the national average, indicating strong consumer spending power. The site's adjacency to the Blisspoint Inn provides additional foot traffic potential. Furthermore, its proximity to major retailers such as Love's Truck Stop, McDonald's, Arby's, BP, Flying J Travel Center, Wendy's, Cinnabon, and Arby's, as well as distribution centers for Dunham's Sports and Dollar General, and Ivy Tech Community College, creates a robust and established commercial environment. This location offers unparalleled potential for significant return on investment. The asking price for this exceptional property is $600,000.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.