Property profile

5909 Jay St Marion, IN 46953

OFF-MARKET
Office Spaces
Property ID
US31-2143020
13,065 SF 0.64 ac lot Built 1956
Entity Owned Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1956
Construction WOOD
Total area 13,065 SF
Lot 0.64 ac (27,878 SF)
APN 27-07-28-304-004.000-016
UPID US31-2143020

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
  • Church

Location

5909 Jay St Marion, IN 46953-6228
Marion metro Census 900 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$894k
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.2M +12.5%
Restaurant $1.2M +9.4%

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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