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    OFF-MARKET
    Commercial land

    933 Park Ave, Marion, IN 46952-2417

    8,454 SF 0.46 ac lot Built 1966
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-1806015
    Property summary
    AI-generated overview

    This exceptional 0.459-acre commercial land parcel presents a unique investment opportunity in Marion, Indiana. Located at 933 N Park Ave, this property boasts a highly desirable location within the vibrant Five Points Mall area, offering unparalleled visibility and accessibility. The property's address is 933 N Park Ave, Marion, IN 46952, with GPS coordinates of 40.5725361 latitude and -85.6811683 longitude. Its convenient location provides easy access to major roadways and a high volume of foot and vehicle traffic, making it ideal for a variety of commercial ventures. The land is zoned for commercial use (specific zoning details should be independently verified). The asking price for this exceptional property is $150,000. The property's Assessed Parcel Number (APN) is 27-03-36-402-012.000-023, and it is situated in Grant County. This is a rare opportunity to acquire a strategically located commercial lot in a thriving area, perfect for developers, investors, or businesses seeking to establish a strong presence in Marion. Don't miss out on this chance to secure a prime piece of commercial real estate in a high-traffic location. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1966
    Construction CONCRETE
    Total area 8,454 SF
    Lot 0.46 ac (20,038 SF)
    APN 27-03-36-402-012.000-023
    UPID US31-1806015
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Five Points Acquisition LLC · 9 yrs held
    Five Points Acquisition LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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