Property profile

1535 Spencer Ave Marion, IN 46952

OFF-MARKET
Commercial real estate
Property ID
US31-1755804
10,120 SF 0.17 ac lot Built 1900
Trust Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction WOOD
Total area 10,120 SF
Lot 0.17 ac (7,392 SF)
APN 27-06-01-104-084.000-008
UPID US31-1755804

Cap rate & NOI

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

Location

1535 Spencer Ave Marion, IN 46952-3409
Marion metro Census 600 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2025
Last sale
$200
3 recorded transactions
2025
Price N/A
2021
$25,400
2012
$200

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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