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    FOR LEASE
    Parking lots & garages

    4012 S Western Ave, Marion, IN 46953

    1.07 ac lot Built 2012
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-3113873
    Property summary
    AI-generated overview

    This exceptional 0.8-acre commercial lot presents a unique investment opportunity in Grant County. Currently designated for retail use, this property offers significant potential for a variety of commercial ventures. The lot's size provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. Its location within Grant County offers access to a thriving market and strong consumer base. The property is zoned for commercial use, simplifying the permitting and development process. The single available space allows for a focused development strategy, minimizing complexities and maximizing efficiency. This is an ideal opportunity for businesses seeking a prime location with significant development potential. The existing infrastructure provides a solid foundation for immediate construction or renovation. The property's accessibility and visibility make it an attractive location for businesses seeking high foot traffic and brand exposure. This is a rare opportunity to acquire a well-situated commercial lot in a desirable area of Grant County. The 0.8-acre parcel offers a blank canvas for creating a thriving commercial enterprise. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is ready for immediate development, offering a streamlined path to establishing a successful business. This is a prime location for a variety of retail uses, offering excellent visibility and accessibility. The size of the lot allows for flexibility in design and construction, catering to diverse business needs.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING LOT
    Year built 2012
    Lot 1.07 ac (46,609 SF)
    APN 27-06-24-100-009.068-008
    UPID US31-3113873
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pcg-marion Pl LLC · 1 yrs held
    Pcg-marion Pl LLC
    since 2025
    2 recorded transactions
    2025
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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