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Property profile & analytics

1702 Adams St Marion, IN 46953

  • Auto shops
  • 3,356 SF
  • 0.12 lot acres
For Sale
Last Sale
Nov 20, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1329253
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Laws Truck Services Inc / Truck Repair Shop
  • X-Press Auto Repair / Auto Repair Shop

Property Details for 1702 Adams St

Year built
1900
Construction
WOOD
Lot size
0.12 lot acres
Property size
3,356 SF
Property type
Auto shops
APN
27-07-07-104-144.000-002
APU
270707104144000002

Description

This exceptional turnkey auto repair shop at 1702 S Adams Street, Marion, IN, presents a unique investment opportunity. The property includes six spacious garage bays, all essential equipment and tools, and a computer system with specialized auto repair software – allowing for immediate operation. No additional equipment investment is needed to begin operations. The sale also includes an adjacent vacant 0.23-acre city lot at 1701 S Washington Street, offering significant potential for expansion or additional parking. This high-traffic location near downtown Marion ensures excellent visibility and a steady stream of potential customers. The property's strategic placement is designed to attract walk-in business and build a strong client base. This complete package offers a ready-made business setup, combining a prime location with all the necessary tools and technology for immediate success. The existing infrastructure, including the software, streamlines administrative tasks, diagnostics, and customer management, ensuring efficiency and a modern operational workflow. This is an ideal opportunity for an established business seeking expansion or an entrepreneur entering the automotive service industry. The property's combination of convenience, equipment, and space provides a solid foundation for future growth and profitability. Priced at $80,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $260,000
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $210,000
    Current use
    COMMERCIAL (GENERAL)
    $285,000
    Change: +34% Conversion: Moderate
    RETAIL STORES
    $195,000
    Change: -7% Conversion: Difficult
    MEDICAL BUILDING
    $170,000
    Change: -20% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Marion
County
Grant
State
Indiana
Longitude
-85.6589
Latitude
40.5455
CBSA code
31980
CBSA name
MARION, IN 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
$1,233
$8,800
$32,300
$41,100
-
$8,800
$32,300
$41,100
More about this property
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