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    1452 Lake Blvd Marion, OH 43302

    • Commercial land
    • 4.77 lot acres
    For Sale
    View listing
    $1,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-4028227
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 1452 Lake Blvd

    Lot size
    4.77 lot acres
    Property type
    Commercial land
    APN
    14-458200.0500
    APU
    144582000500

    Description

    This exceptional 4.769-acre commercial property presents a unique investment opportunity in Marion, Ohio. Located at 1452 Lake Boulevard (APN 44582000500), this land boasts excellent road frontage on Barks Road East, placing it less than a quarter-mile from State Route 423. The property's strategic position offers unparalleled access to a thriving commercial hub, situated amidst a concentration of established businesses and amenities. Nearby establishments include Kroger, various medical offices, banks, the YMCA, and a recently completed condo development, ensuring high visibility and potential for significant foot traffic. Zoned for commercial use, this versatile parcel offers a multitude of development possibilities, making it an ideal choice for entrepreneurs and investors seeking a prime location with substantial growth potential in a rapidly developing area. The asking price for this exceptional property is $1,100,000. This is a rare opportunity to acquire a significant land holding in a high-demand area of Marion County. Don't miss out on this chance to secure a piece of Marion's vibrant commercial landscape.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.1145
    Latitude
    40.5629
    CBSA code
    32020
    CBSA name
    MARION, OH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $353
    $6,790
    $0.00
    $6,790
    -
    $19,400
    $0.00
    $19,400

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      1.00 Acre

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    1452 Lake Blvd
    Marion, OH 43302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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