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    OFF-MARKET
    Parking lots & garages

    1102 Baldwin Ave, Marion, IN 46952-2536

    0.46 ac lot Built 1980
    Entity Owned Free & Clear
    Property ID
    US31-1723690
    Property summary
    AI-generated overview

    This exceptional redevelopment opportunity presents a vacant 484-square-foot storefront located at 1102 S Baldwin Ave, Marion, IN 46953. Situated on a 0.26-acre lot at the highly visible corner of S Baldwin Ave and Mason Ave, this property boasts 140 feet of frontage along S Baldwin Ave. The building, constructed in 1965, offers significant potential for value-add improvements. The property is currently vacant, providing a blank canvas for a variety of retail uses. This prime location benefits from a signalized intersection experiencing a daily traffic count of 22,500 vehicles, ensuring high visibility and accessibility for any new business. The asking price is $225,000, translating to $464.88 per square foot. This fee simple ownership provides complete control and flexibility for the future owner. The property's strategic location and high traffic volume make it an ideal investment for developers seeking a strong return on investment. The substantial lot size offers additional development possibilities beyond the existing structure. This is a rare chance to acquire a well-positioned retail property in a thriving area with significant growth potential. Don't miss this opportunity to capitalize on the high traffic count and prime corner location.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING LOT
    Year built 1980
    Lot 0.46 ac (20,038 SF)
    APN 27-03-36-404-004.000-023
    UPID US31-1723690
    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
    Current use
    Occupant on record · Public records
    • Marion AutoSports Car Dealership
    • La Charreada Mexican Cuisine Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Banyan LLC
    Banyan LLC
    since 2025
    2 recorded transactions
    2025
    2021
    $450,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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