Property profile

1129 Baldwin Ave Marion, IN 46952

OFF-MARKET
Retail properties & Spaces
Property ID
US31-0938278
3,250 SF 0.08 ac lot Built 1978
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.57-acre commercial land parcel presents a unique investment opportunity in Marion, Indiana. Located at 1129 N Baldwin Ave, this property boasts a highly desirable location at the hard corner of a signalized entrance to the Five Points Mall, ensuring excellent visibility and accessibility for any business. The lot's prime position guarantees significant exposure to a substantial daily traffic flow, making it ideal for a variety of commercial ventures. The asking price for this strategically positioned land is $540,000. Situated in Grant County, Indiana, with a zip code of 46952, this property offers unparalleled potential for growth and return on investment. Its convenient location and high visibility make it an attractive option for businesses seeking a strong presence in a thriving retail area. The 0.57 acres provide ample space for development, allowing for flexibility in design and construction. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a bustling retail environment. Don't miss out on this chance to secure a prime piece of real estate in a rapidly growing market. The coordinates for this property are 40.573137 latitude and -85.676206 longitude.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 3,250 SF
Lot 0.08 ac (3,485 SF)
APN 27-03-36-401-001.012-023
UPID US31-0938278

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Garden Center
  • Physician
  • Discount Store
  • (Bike/Boat/Book/etc) Store

Location

1129 Baldwin Ave Marion, IN 46952-2562
Marion metro Census 600 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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