Technical
Financial
Distress signals
Property profile

603 Baldwin Ave Marion, IN 46952

OFF-MARKET
Parking lots & garages
Property ID
US31-1864508
0.38 ac lot Built 1994
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2400-square-foot commercial property at 603 N Baldwin Avenue in Marion, Indiana, presents a remarkable investment opportunity. Situated on a 0.12-acre lot, this versatile space boasts excellent visibility and an attractive location, making it ideal for a variety of businesses. Currently configured as a dental office, the layout includes a welcoming reception area, a convenient break room, multiple exam rooms, and well-appointed bathrooms. However, the adaptable design allows for seamless conversion to suit a wide range of professional uses, including medical offices, general office spaces, or even retail establishments. The property's high flexibility and prime location combine to offer significant potential for growth and return on investment. The asking price is $274,900. This is a rare chance to acquire a well-maintained commercial space in a desirable area of Marion, ready for immediate occupancy or customization to meet your specific business needs. Don't miss this opportunity to establish your business in a thriving location. Serious inquiries only.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1994
Construction STEEL FRAME
Lot 0.38 ac (16,553 SF)
APN 27-06-01-101-131.000-008
UPID US31-1864508

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
  • Physician

Location

603 Baldwin Ave Marion, IN 46952-3461
Marion metro Census 600 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2017
$155,000

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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