Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3248 S Western Ave Marion, IN 46953

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in Walmart shadow center with high traffic.

    Property size:
    1,725 SF
    Lot size:
    2.08 Acres

    Property Features for 3248 S Western Ave

    General Information

    Size
    1,725 SF
    Lot size
    2.08 Acres

    Source: MRP Capital Group Agent Austin Hannah

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Walmart Shadow

    This retail space is located in a Walmart shadow center that receives approximately 2.5 million annual visits. The property is situated along the main retail corridor of Highway 15. Anchor tenants include Gamestop, AT&T, and Sally Beauty. The available space measures 1725 square feet and is suitable for various retail purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    GNC Vitamin & Supplements Store Verizon Business Services Internet Service Provider MANPOWER Recruiter Verizon Internet Service Provider Great Clips Hair Salon

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.67423
    Latitude
    40.530387

    Nearby Similar for Lease

    • $1.00 SF/Yr
      2,940 SF

      Retail and Service Space Available

      Retail and service area with overhead door in rear.
      2021 S Western Ave, Marion, IN 46953
      View Details
    • $3,000 /Mo
      4,600 SF

      Mixed-Use Property in Marion, Indiana

      Mixed-use property with office spaces available for lease in Marion.
      3742 S Western Ave, Marion, IN 46953
      View Details
    • $1,250 /Mo
      2,500 SF

      Mixed-Use Open Space Available

      Open space unit available for rent in Marion, Indiana.
      2221 Westwood Sq, Marion, IN 46952
      View Details
    • $15 SF/Yr
      3,763 SF

      Move-In Ready Office Space

      Well-equipped office space with ample parking in Marion, Indiana.
      1119-1127 N Western Ave, Marion, IN 46952
      View Details
    • Contact for pricing
      1 SF

      Panda Express Excess Land For Lease

      Retail lot, 0.8 acres, Grant County.
      4012 Western Ave, Marion, IN 46953
      View Details
    • Contact for pricing
      6,008 SF

      Marion Retail Space - Prime Location

      6,008 SF Retail Space, Ample Parking
      3220 Washington St, Marion, IN 46953
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space available in Walmart shadow center with high traffic.
    Where is this strip mall located?
    The property is located at 3248 S Western Ave Marion, IN.
    What are key features of this property?
    This property features: - Walmart Shadow Center location; - 2.5M Annual Visits, ensuring high visibility; - Located along main retail corridor of Highway 15
    (314) 690-2777
    Request Owner's contact information
    3248 S Western Ave Marion, IN 46953
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3248 S Western Ave
    Marion, IN 46953
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3248 S Western Ave Marion, IN 46953
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.