Property profile

3225 Torrence St Marion, IN 46953

OFF-MARKET
Industrial properties
Property ID
US31-2326023
13,026 SF 4.44 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 13,026 SF
Lot 4.44 ac (193,406 SF)
APN 27-07-18-204-168.000-002
UPID US31-2326023

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
  • Industrial Manufacturer Production Facility

Location

3225 Torrence St Marion, IN 46953-3930
Marion metro Census 800 MARION, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$585k
Blend (final) Blend
$510k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $820,000 +156.2%
Retail stores $760,000 +138.1%
Medical building $655,000 +105.0%

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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