1716 Marion-Waldo Rd Marion, OH 43302
This exceptional 1.43-acre commercial lot, located at 1716 Marion-Waldo Road in Marion, Ohio (zip code 43302), presents a remarkable investment opportunity for discerning business owners and investors. The property boasts a substantial 62,290.8 square feet of land, ideally situated on the south end of Marion, conveniently accessible from State Route 423. Zoned C-2 General Commercial District by Pleasant Township, this versatile lot allows for a wide array of permitted uses. Potential developments include, but are not limited to, storage units, medical offices (such as doctor's offices or physical therapy clinics), various professional services, daycare facilities, administrative or business offices, institutional buildings, hotels, retail establishments, and repair services. The asking price is $89,900, making this a compelling proposition for those seeking to establish a new business or expand existing operations in a prime location. The property's size and zoning flexibility offer significant potential for future growth and profitability. Don't miss this chance to transform your vision into a thriving commercial enterprise.
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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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.