For Sale
$600,000

Corridor Dr Marion, IN 46953

3-Acre Development Opportunity, I-69 Access

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 3-acre commercial land parcel presents a prime development opportunity in Marion, Indiana. Strategically located at a signalized intersection just west of I-69 Exit 264, this property boasts high visibility and accessibility. The site benefits from a combined daily traffic count of 42,320 vehicles at the intersection, ensuring significant exposure for any business. Its location within a Tax Increment Financing (TIF) district offers potential property tax abatement, making it an even more attractive investment. The property's GB (General Business) zoning allows for a wide range of uses, including restaurants, quick-service restaurants, daycare centers, gyms, and medical offices. The high average household income of $78,861 within a three-mile radius surpasses the national average, indicating strong consumer spending power. The site's adjacency to the Blisspoint Inn provides additional foot traffic potential. Furthermore, its proximity to major retailers such as Love's Truck Stop, McDonald's, Arby's, BP, Flying J Travel Center, Wendy's, Cinnabon, and Arby's, as well as distribution centers for Dunham's Sports and Dollar General, and Ivy Tech Community College, creates a robust and established commercial environment. This location offers unparalleled potential for significant return on investment. The asking price for this exceptional property is $600,000.

Highlights

  • High-traffic intersection with I-69, boasting 42,320 vehicles per day (VPD).
  • Tif District location offering tax abatement opportunities.
  • Hard corner lot with signalized intersection for excellent visibility.
  • GB zoning ideal for restaurants, QSRs, daycare centers, gyms, and medical offices.
  • Three-mile average household income of $78,861, exceeding the national average.
  • Prime location adjacent to Blisspoint Inn and near numerous national retailers and amenities, including Dollar General, Dunham's, Ivy Tech, and various restaurants.

Property Details for 0 Corridor Dr

Property type
Land
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Marion
County
Grant
State
Indiana
Latitude
40.5531044
Longitude
-85.5555582
Corridor Dr, Marion, Indiana

FAQs

What type of property is this?
Land - 3-Acre Development Opportunity, I-69 Access
Where is the land located?
The property is located at Corridor Dr Marion, IN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High-traffic intersection with I-69, boasting 42,320 vehicles per day (VPD).; Tif District location offering tax abatement opportunities.; Hard corner lot with signalized intersection for excellent visibility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Corridor Dr
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