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    Property profile & analytics

    1629 Joaquin Dr Marion, IN 46953-9635

    • Warehouses
    • 80,540 SF
    • 5.80 lot acres
    OFF-MARKET
    Value Estimation
    $840,000
    Last Sale
    Apr 15, 2024
    Location Intelligence
    Property ID
    US31-2249188
    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

    • PYBO Management / Contractor
    • JGBowers, Inc. / Construction Company
    • Advanced Cabinet Systems / Furniture Maker / Cabinet Maker

    Property Details for 1629 Joaquin Dr

    Year built
    1992
    Construction
    TYPE NOT SPECIFIED
    Lot size
    5.80 lot acres
    Property size
    80,540 SF
    Property type
    Warehouses
    APN
    27-06-11-400-020.001-008
    APU
    270611400020001008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $860,000

    • CAP approach

      CAP return
      Estimation
      6%
      $780,000
      6.5%
      $725,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $840,000
      Geo Method
      $940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $835,000
      Retail
      $840,000
      Mixed-Use
      $805,000
      Hospitality
      $1,005,000
      Educational
      $990,000
      Residential Income
      $1,015,000
      Energy
      $830,000
      Income-Based Land
      $860,000
      Food Service
      $1,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.6982
    Latitude
    40.5441
    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
    $27,719
    $139,100
    $785,400
    $924,500
    -
    $139,100
    $785,400
    $924,500

    Comparable in this City

    • Value Estimation by Request
      734,160 SF

      255 600th E

      WAREHOUSE, STORAGE • 734,160 SF
      255 600th E, Marion, IN 46953-9553
      View Details
    • Value Estimation
      $50,000
      4,200 SF

      1505 35th St

      MINI-WAREHOUSE, STORAGE • 4,200 SF
      1505 35th St, Marion, IN 46953
      View Details
    • Value Estimation by Request
      3,000 SF

      5705 Western Ave

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      5705 Western Ave, Marion, IN 46953-5801
      View Details
    • Value Estimation
      $435,000
      14,744 SF

      608 18th St

      STORAGE YARD, OPEN STORAGE • 14,744 SF
      608 18th St, Marion, IN 46953
      View Details
    • Value Estimation
      $470,000
      20,832 SF

      2025 38th St

      WAREHOUSE, STORAGE • 20,832 SF
      2025 38th St, Marion, IN 46953-4576
      View Details
    • Value Estimation
      $320,000
      7,520 SF

      2936 Vly Ave

      STORAGE YARD, OPEN STORAGE • 7,520 SF
      2936 Vly Ave, Marion, IN 46953-3407
      View Details

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    Similar Nearby for Lease

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      Prime Retail/Office Space Available in Marion, IN
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    Marion, IN 46953-9635
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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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