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Property profile & analytics
OFF-MARKET Estimated value $725,000
Parking lots & garages

1412 Kem Rd Marion, IN 46952-1857

28,680 SF 3.95 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US31-2221717
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1988
Construction TYPE NOT SPECIFIED
Total area 28,680 SF
Lot 3.95 ac (172,062 SF)
APN 27-03-36-104-028.000-023
UPID US31-2221717
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k
Owner & transaction history
Bp-marion LLC · 1 yrs held
Bp-marion LLC
since 2025
2 recorded transactions
2025
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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