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Property profile & analytics
FOR SALE
Manufacturing properties

617 W Center St Marion, OH 43302

22.41 ac lot Built 1976
Entity Owned Free & Clear
Property ID
US66-2858329
Property summary
AI-generated overview

This exceptional industrial property, located at 617 W Center St, Marion, Ohio 43302, presents a significant opportunity for manufacturing businesses seeking expansive space. The single-tenant building boasts a substantial 250,000 square feet of manufacturing space, perfectly suited for large-scale operations. The property's strategic location in Marion County, Ohio offers excellent access to transportation networks, facilitating efficient logistics and distribution. Tenants will benefit from the building's robust infrastructure, including 10 dock-high doors and 5 drive-in doors, ensuring seamless loading and unloading of goods. The property is classified as an industrial building with a manufacturing subtype, making it ideal for a variety of manufacturing processes. This expansive facility provides ample room for production, warehousing, and office space, catering to the needs of a growing business. The property's size and features make it a rare find in the Marion, Ohio market, offering a unique opportunity for a company seeking to establish or expand its manufacturing operations in a prime location. The property is situated at 40.58715 latitude and -83.142047 longitude. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1976
Construction BRICK
Lot 22.41 ac (976,180 SF)
APN 12-322000.0200
UPID US66-2858329
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
  • ITL Machinery Services Industrial Manufacturer Factory
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
GP6 LLC
GP6 LLC
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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