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Property profile & analytics

721 Center St Marion, OH 43302

  • Manufacturing properties
  • 3,470 SF
  • 0.39 lot acres
Value Estimations
Cap Rate Potential
5.9%
Manufacturing properties
Location Intelligence
Property ID
US66-2969017
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Manufacturing properties

Property Details for 721 Center St

Year built
2015
Construction
BRICK
Lot size
0.39 lot acres
Property size
3,470 SF
Property type
Manufacturing properties
APN
12-323000.0300
APU
123230000300

Description

This exceptional mixed-use property, located at 721 Center Street in the heart of Marion, Ohio, presents a unique investment opportunity. The building boasts a substantial 3,470 square feet of space, offering significant potential for a variety of commercial ventures. Its central location provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. The property is situated on a lot with no acreage, making it ideal for a business that doesn't require extensive outdoor space. The asking price of $175,000 represents a compelling value for a property of this size and location in Marion. This is an excellent chance to acquire a versatile commercial space in a thriving downtown area. The building's mixed-use designation allows for flexibility in its utilization, potentially accommodating retail, office, or a combination of uses. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift start to your business operations. Don't miss this opportunity to establish your presence in a vibrant and growing community. Further details and scheduling of viewings are available upon request. This property is being sold as-is.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $240,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $240,000
    6.5%
    $220,000
    7%
    $205,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Marion
County
Marion
State
Ohio
Longitude
-83.1452
Latitude
40.5883
CBSA code
32020
CBSA name
MARION, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$984
$10,440
$10,770
$21,210
-
$29,830
$30,770
$60,600
More about this property
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