224 Prospect St Marion, OH 43302-3040
Property Lookup
Property profile & analytics
224 Prospect St Marion, OH 43302-3040
- Warehouses
- 0.32 lot acres
Property ID
US66-2923502
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 224 Prospect St
- Year built
- 1957
- Construction
- FRAME
- Lot size
- 0.32 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 12-202000.0100
- APU
- 122020000100
Description
This exceptional mixed-use property, located at 224 N Prospect Street in Marion, Ohio, presents a unique investment opportunity. Spanning 0.56 acres, the combined buildings at 216 and 224 N Prospect Street offer a substantial 15,953 square feet of space, including approximately 16,000 square feet above ground and an additional 8,390 square feet of basement area. The property boasts recently completed renovations to the office space (2023), providing modern and efficient work environments. Seven overhead doors ensure convenient and ample loading and unloading capabilities, ideal for various commercial uses. The building's infrastructure is well-maintained, featuring newer roofs, recently installed soffits and gutters, and a dry basement equipped with two commercial sump pumps and two thermostatically controlled commercial dehumidifiers. Energy-efficient LED lighting is installed throughout the entire building. This property's combination of renovated office space and substantial warehouse area, coupled with its updated systems and convenient location in downtown Marion, makes it an attractive option for a wide range of businesses. The asking price is $299,000.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Marion
- State
- Ohio
- Longitude
- -83.1301
- Latitude
- 40.5912
- CBSA code
- 32020
- CBSA name
- MARION, OH 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
$1,313
$6,070
$22,250
$28,320
-
$17,340
$63,570
$80,910
