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    Property profile & analytics

    1412 Kem Rd Marion, IN 46952-1857

    • Parking lots & garages
    • 28,680 SF
    • 3.95 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Mar 23, 2023
    Location Intelligence
    Property ID
    US31-2221717
    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

    • Parking lots & garages

    Property Details for 1412 Kem Rd

    Year built
    1988
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.95 lot acres
    Property size
    28,680 SF
    Property type
    Parking lots & garages
    APN
    27-03-36-104-028.000-023
    APU
    270336104028000023

    Description

    This exceptional 3.11-acre commercial land parcel presents a remarkable development opportunity in Marion, Indiana. Strategically located at the intersection of SR 15 (Baldwin Ave.), SR 9 (Wabash Ave.), and Kem Rd, this property boasts exceptional visibility and accessibility within a high-traffic retail zone. The General Business (GB) zoning permits a wide range of commercial uses, making it ideal for various development projects. The lot offers significant potential for businesses seeking high visibility and convenient access to major roadways. With a total asking price of $640,000, this translates to an attractive price per acre of $205,788. The property's location ensures strong customer traffic and exposure, making it an excellent investment for developers and entrepreneurs alike. The site is ready for immediate development, eliminating lengthy preparation delays. The APN is 27-03-36-104-028.000-023. This prime location in Grant County, Indiana, with its 46952 zip code, offers unparalleled potential for growth and return on investment. Don't miss this chance to acquire a highly desirable commercial property in a thriving retail area.

    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
    Grant
    State
    Indiana
    Longitude
    -85.676
    Latitude
    40.5752
    CBSA code
    31980
    CBSA name
    MARION, IN 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
    $7,137
    $225,200
    $12,700
    $237,900
    -
    $225,200
    $12,700
    $237,900

    Comparable in this City

    • Value Estimation by Request
      0.87 Acres

      Baldwin Ave

      PARKING LOT • 0.87 Acres
      Baldwin Ave, Marion, IN 46952
      View Details
    • Value Estimation by Request
      0.06 Acres

      1129 Baldwin Ave

      PARKING LOT • 0.06 Acres
      1129 Baldwin Ave, Marion, IN 46952-2562
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    • Value Estimation by Request
      0.30 Acres

      424 Bradner Ave

      PARKING LOT • 0.30 Acres
      424 Bradner Ave, Marion, IN 46952-3336
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      0.35 Acres

      508 Charles St

      PARKING LOT • 0.35 Acres
      508 Charles St, Marion, IN 46952-2276
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      0.19 Acres

      221 Washington St

      PARKING LOT • 0.19 Acres
      221 Washington St, Marion, IN 46952-2707
      View Details
    • Value Estimation
      $265,000
      0.38 Acres

      603 Baldwin Ave

      PARKING LOT • 0.38 Acres
      603 Baldwin Ave, Marion, IN 46952-3461
      View Details

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    Similar Nearby for Lease

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    1412 Kem Rd
    Marion, IN 46952-1857
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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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