Property summary
This exceptional Marion, Indiana commercial property offers a unique investment opportunity. Situated on 9.82 acres at the intersection of SR 18 and I-69, this property boasts 520 feet of frontage on SR 18 and 850 feet on I-69, ensuring unparalleled visibility and accessibility. The property includes three buildings totaling 32,064 square feet, zoned General Business in an overlay zone, allowing for diverse commercial uses. Building 1 (6,000 SF) features a storefront and garage/office space; Building 2 (6,144 SF) offers an adaptable open warehouse layout; and Building 3 (19,920 SF) includes a workshop, storefront, storage, and office areas. Built in 2000 and renovated in 2003, the well-maintained facilities are move-in ready. The property is currently vacant with an occupancy date of May 5, 2024. An additional 7.5 acres of developable land provides significant expansion potential or the opportunity for future subdivision and sale. The asking price is $3,000,000. APN: 27-08-07-200-005.003-040; 27-08-07-200-005.103-040; 27-08-07-200-009.006-040; 27-08-07-200-009.001-040. This is a truly trophy property offering substantial growth potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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