Property profile

200 38th St Marion, IN 46953

OFF-MARKET
Office Spaces
Property ID
US31-2990101
65,041 SF 2.69 ac lot Built 2007
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 65,041 SF
Lot 2.69 ac (117,176 SF)
APN 27-07-19-201-015.000-002
UPID US31-2990101

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Church
  • High School

Location

200 38th St Marion, IN 46953-4869
Marion metro Census 800 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.59M
Comparable Approach Comparable
$8.93M
Blend (final) Blend
$8.76M

Owner & transaction history

since 2018
2 recorded transactions
2023
Price N/A
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $6.2M +12.5%
Restaurant $6.0M +9.4%

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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