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    Property profile & analytics

    586 Delaware Ave Marion, OH 43302

    • Retail space
    • 1,836 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Location Intelligence
    Property ID
    US66-3108223
    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.

    Current Use by Public Records

    • Arts of Illusion / Arts Organization

    Property Details for 586 Delaware Ave

    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    1,836 SF
    Property type
    Retail space
    APN
    12-407000.6300
    APU
    124070006300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.1261
    Latitude
    40.579
    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
    $1,840
    $4,910
    $34,790
    $39,700
    -
    $14,030
    $99,400
    $113,430

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      410 Davids St

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      410 Davids St, Marion, OH 43302-4716
      View Details
    • Value Estimation by Request
      0.30 Acres

      134 London St

      RETAIL STORES (PERSONAL SERVICES) • 0.30 Acres
      134 London St, Marion, OH 43302-2325
      View Details
    • Value Estimation by Request
      0.12 Acres

      331 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
      331 Main St, Marion, OH 43302-2326
      View Details
    • Value Estimation by Request
      0.34 Acres

      1254 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.34 Acres
      1254 Main St, Marion, OH 43302
      View Details
    • Value Estimation by Request
      0.06 Acres

      153 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      153 Main St, Marion, OH 43302-3701
      View Details
    • Value Estimation by Request
      0.25 Acres

      708 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.25 Acres
      708 Main St, Marion, OH 43302-1735
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      High-Traffic Retail Parcels Available

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    Similar Nearby for Lease

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      1,150 SF

      Retail Space on State Route

      Retail space available on Marion-Mt. Gilead Rd (State Route 95).
      1623 Marion Mount Gilead Rd, Marion, OH 43302
      View Details
    • $220,000
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      Drive-Through Opportunity in Marion, OH

      High-traffic commercial space with drive-through, ideal for fast food.
      546 N Main St, Marion, OH 43302
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    • $12 SF/Yr
      4,200 SF

      Redeveloped Retail Space For Lease

      First floor retail space suitable for restaurant or bar.
      126 S Main St, Marion, OH 43302
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    • $10 SF/Yr
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      Retail Space Near OhioHealth Hospital

      Retail space for lease near OhioHealth Marion General Hospital.
      1296 Delaware Ave, Marion, OH 43302
      View Details
    • Contact for pricing
      1,458 SF

      Retail Space in Marion, Ohio

      Retail space available in high-traffic Marion retail corridor.
      135-175 Edgefield Blvd, Marion, OH 43302
      View Details
    • Contact for pricing
      11,000 SF

      Prime Marion Retail Space

      11,000 SF, High-Traffic Location
      1081 Mount Vernon Ave, Marion, OH 43302
      View Details
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    586 Delaware Ave
    Marion, OH 43302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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