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Property profile & analytics
OFF-MARKET
Office Spaces

1716 Marion-Waldo Rd Marion, OH 43302

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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