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Property summary
This exceptional investment opportunity presents a fee simple interest in a 672-square-foot auto shop located at 702 S Baldwin Ave, Marion, IN 46953. The property, built in 1977 and situated on a 0.25-acre lot, boasts 17 parking spaces and benefits from a General Commercial zoning designation. Currently operating under an Absolute NNN lease with a strong national tenant, the property offers a significant return on investment. The lease commenced on August 1, 2022, and expires on July 31,… 2027, leaving approximately 2.7 years remaining on the current term. The property enjoys 100% occupancy, generating a Net Operating Income (NOI) of $23,400, representing a 10.00% capitalization rate. The asking price is $234,000, translating to $348.21 per square foot. This prime location along a heavily traveled arterial thoroughfare within a dense retail corridor and residential area provides excellent visibility and access to a substantial consumer base. The property's strong demographics within a 5-mile radius further enhance its investment appeal. The property's APN is 27-06-01-404-108.000-008. This is a rare opportunity to acquire a well-performing, low-maintenance commercial property with significant upside potential. The zero landlord responsibilities inherent in the Absolute NNN lease structure make this an ideal investment for passive income seekers.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 14 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,349 SF
- Lot area
- 0.21 ac
- Year built
- 1956
- Stories
- 1
- APN
- 27-06-01-101-063.000-008
- Assessed value · 2023
- $73,300
- Annual tax · 2023
- $2,199
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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