711 Gardner DrMarion, IN 46952

Property Details for 711 Gardner Dr

Year built

1985

Construction

TYPE NOT SPECIFIED

Lot size

1.03 AC

Property size (Sq ft)

10,972 SF

Property type

Medical offices

Property subtype

Medical centers

APN

27-02-31-201-016.000-002

APU

270231201016000002

Description

This exceptional 10,972 square foot office building is strategically located at 711 W Gardner Drive in Marion, Indiana, on State Road 9, just northeast of the SR 9 and SR 15 intersection. The property sits on a 1.03-acre lot, offering ample on-site parking and excellent visibility for businesses seeking high traffic exposure. The building is in excellent condition and presents a fantastic investment or owner-user opportunity. Its versatile floor plan allows for a multitude of uses, including flex space, medical offices, executive suites, or multi-tenant configurations. The interior layout is designed to be user-friendly and adaptable to various operational needs. The building's prime location on a state highway ensures easy access and benefits from a high traffic count, making it an ideal location for businesses seeking maximum visibility and accessibility. This property offers a rare combination of size, location, and condition, making it a highly desirable commercial investment. The public-friendly design of both the interior and exterior spaces further enhances its appeal and potential for a wide range of businesses. Don't miss this opportunity to acquire a well-maintained, high-visibility office building in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,971,484

  6.5%

  $1,819,832

  7%

  $1,689,844

• Comparable approach

  Method

  Valuation

  Relative Method

  $956,004

  Geo Method

  $1,362,613

• Alternative Use

  Use

  Valuation

  Residential

  $2,256,592

  Hospitality

  $2,067,026

  Educational

  $1,719,741

  Medical

  $1,778,886

  Retail

  $2,675,153

Location Insight

City

Marion

County

Grant

State

Indiana

Latitude

40.5795

Longitude

-85.6689

CBSA code

31980

CBSA name

MARION, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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