Financial
Distress signals
Property profile

703 West Chapel Pike Marion, IN 46952

FOR SALE
Office Spaces
Property ID
US31-2290137
3,618 SF 0.6 ac lot Built 1983
Last sale Mar 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$212k
Assessed land$107k
Assessed improvement$104k
Effective rate3.00%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$12k
Operating expenses−$11k
NOI · 10.97% cap applied$33k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
10.97%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRANT

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply11.5
Spa & Massage10.9
Realty agency10.1

Location

703 West Chapel Pike Marion, IN 46952
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1797 Kem, Marion, IN 46952-1733 $2,208,000 Mar 2021 9,412 SF
319 2nd, Marion, IN 46952-3871 $375,000 Feb 2021 15,120 SF
200 Washington, Marion, IN 46952-3804 $100,000 Sep 2020 17,424 SF
511 3rd, Marion, IN 46952-3748 $50,000 May 2020 1,200 SF
1123 Western, Marion, IN 46952-2501 $530,000 May 2020 3,696 SF
211 D, Marion, IN 46952-3732 $55,000 Oct 2019 2,226 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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