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Property profile & analytics
OFF-MARKET
Amusement parks

506 Leader St Marion, OH 43302-2228

1.32 ac lot Built 1997
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-3120844
Property summary
AI-generated overview

This exceptional commercial property, located at 506 Leader Street in Marion, Ohio, offers a substantial 10,993 square feet of versatile space. Ideal for a variety of businesses, this general commercial building presents a significant opportunity for growth and expansion. Situated on a lot with no acreage, the property's footprint is entirely dedicated to the building itself, maximizing usable space. The asking price is $199,900, representing a compelling value for the substantial square footage offered. The property's location in Marion provides easy access to local amenities and transportation routes, making it a convenient and attractive location for businesses and their employees. The absence of any additional land allows for focused development and utilization of the existing structure. This presents a unique opportunity for a business seeking a ready-to-occupy space without the added responsibility of land maintenance. The building's size and layout offer considerable flexibility for customization and adaptation to suit a wide range of commercial needs. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering in the thriving Marion, Ohio market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a substantial commercial space at an attractive price point in a desirable location.

Property profile
Verified
Property type Amusement parks
Use group AMUSEMENT PARK
Year built 1997
Lot 1.32 ac (57,432 SF)
APN 12-212010.0200
UPID US66-3120844
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
Current use
Occupant on record · Public records
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rhc Property Management LLC · 3 yrs held
Rhc Property Management LLC
since 2022
Last sale
$140,000
3 recorded transactions
2023
Price N/A
2022
$140,000
2018
$65,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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