6334 Corridor DrMarion, IN 46953

Property Details for 6334 Corridor Dr

Year built

2000

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

6,000 SF

Property type

Retail space

APN

27-08-07-200-005.003-040

APU

270807200005003040

Description

This exceptional Marion, Indiana commercial property offers a unique investment opportunity. Situated on 9.82 acres at the intersection of SR 18 and I-69, this property boasts 520 feet of frontage on SR 18 and 850 feet on I-69, ensuring unparalleled visibility and accessibility. The property includes three buildings totaling 32,064 square feet, zoned General Business in an overlay zone, allowing for diverse commercial uses. Building 1 (6,000 SF) features a storefront and garage/office space; Building 2 (6,144 SF) offers an adaptable open warehouse layout; and Building 3 (19,920 SF) includes a workshop, storefront, storage, and office areas. Built in 2000 and renovated in 2003, the well-maintained facilities are move-in ready. The property is currently vacant with an occupancy date of May 5, 2024. An additional 7.5 acres of developable land provides significant expansion potential or the opportunity for future subdivision and sale. The asking price is $3,000,000. APN: 27-08-07-200-005.003-040; 27-08-07-200-005.103-040; 27-08-07-200-009.006-040; 27-08-07-200-009.001-040. This is a truly trophy property offering substantial growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,384,709

  6.5%

  $1,278,193

  7%

  $1,186,893

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,315,705

  Geo Method

  $1,566,667

• Alternative Use

  Use

  Valuation

  Residential

  $1,078,204

  Hospitality

  $987,629

  Educational

  $821,695

  Medical

  $849,955

  Retail

  $1,278,193

Location Insight

City

Marion

County

Grant

State

Indiana

Latitude

40.5526

Longitude

-85.5536

CBSA code

31980

CBSA name

MARION, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.