Property profile

1612 N Baldwin Ave Marion, IN 46952

FOR SALE
Medical Office Space
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Property ID
US31-2387229
6,216 SF 0.91 ac Built 1984
Last sale Dec 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This 6,216-square-foot medical office building was constructed in 1984 on a 0.91-acre site. The interior layout includes a waiting area, reception space, multiple offices and workrooms, and examination and laboratory areas, along with 4 bathrooms; flooring materials include tile, vinyl, and carpet. The property is configured for medical, dental, or other professional service use and may be divisible into separate spaces. It is located along the North Marion Bypass on State Road 9 in Marion,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$342k
Assessed land$190k
Assessed improvement$152k
Effective rate3.00%

Value estimate

· Nov 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$96k
Vacancy & credit loss−$21k
Operating expenses−$19k
NOI · 16.15% cap applied$57k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
16.15%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRANT

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply17.1
Realty agency16.2
Wholesale Shop14.6

Location

1612 N Baldwin Ave Marion, IN 46952
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 13 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1797 Kem, Marion, IN 46952-1733 $2,208,000 Mar 2021 9,412 SF
1123 Western, Marion, IN 46952-2501 $530,000 May 2020 3,696 SF
211 D, Marion, IN 46952-3732 $55,000 Oct 2019 2,226 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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