1932 Bealer DrMarion, OH 43302

  • Retail properties
  • 2.11 AC
For Sale
$350,000 View listing

Property Details for 1932 Bealer Dr

Year built
2006
Lot size
2.11 AC
Property type
Retail properties
Property subtype
Retail space
APN
20-001010.0601
APU
200010100601

Description

This exceptional commercial property at 1932 Bealer Drive, Marion, Ohio, presents a unique opportunity for business owners and investors. The 4,050 square foot building sits on a 2.1-acre lot, offering ample space for a variety of commercial uses. Its strategic location just off State Route 309 and within a quarter-mile of Interstate 23 ensures high visibility and convenient access for customers. The building itself is in like-new condition and features an excellent open showroom, perfect for showcasing products or services. Two spacious offices provide ample administrative space, while two restrooms cater to both employees and customers. A dedicated shop area with a high overhead door allows for easy loading and unloading of goods or equipment. The property also boasts rear fencing for security and ample paved parking in front, ensuring convenient customer parking. The surrounding area is characterized by well-maintained businesses, creating a positive and thriving commercial environment. This property offers easy access to major roadways, making it an ideal location for a variety of businesses. The property is currently utilized as a pool sales and service business, and the existing business is available for separate purchase. This presents a turnkey opportunity for an established business or the potential for significant expansion and development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,977,152
    6.5%
    $22,132,756
    7%
    $20,551,844
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,614,184
    Geo Method
    $21,614,184
  • Alternative Use

    Use
    Valuation
    Residential
    $18,669,808
    Hospitality
    $17,101,444
    Educational
    $14,228,200
    Medical
    $14,717,530
    Retail
    $22,132,756
1932 Bealer Dr, Marion, Ohio

Location Insight

City
Marion
County
Marion
State
Ohio
Latitude
40.6025
Longitude
-83.0776
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
$2,740
$13,630
$35,310
$48,940
-
$38,940
$100,890
$139,830

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