4012 Western Ave Marion, IN 46953
- Parking lots & garages
- 1.07 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 4012 Western Ave
- Year built
- 2012
- Lot size
- 1.07 lot acres
- Property type
- Parking lots & garages
- APN
- 27-06-24-100-009.068-008
- APU
- 270624100009068008
Description
This exceptional 0.8-acre commercial lot presents a unique investment opportunity in Grant County. Currently designated for retail use, this property offers significant potential for a variety of commercial ventures. The lot's size provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. Its location within Grant County offers access to a thriving market and strong consumer base. The property is zoned for commercial use, simplifying the permitting and development process. The single available space allows for a focused development strategy, minimizing complexities and maximizing efficiency. This is an ideal opportunity for businesses seeking a prime location with significant development potential. The existing infrastructure provides a solid foundation for immediate construction or renovation. The property's accessibility and visibility make it an attractive location for businesses seeking high foot traffic and brand exposure. This is a rare opportunity to acquire a well-situated commercial lot in a desirable area of Grant County. The 0.8-acre parcel offers a blank canvas for creating a thriving commercial enterprise. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is ready for immediate development, offering a streamlined path to establishing a successful business. This is a prime location for a variety of retail uses, offering excellent visibility and accessibility. The size of the lot allows for flexibility in design and construction, catering to diverse business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $260,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $350,000
- Mixed-Use
- $300,000
- Hospitality
- $360,000
- Educational
- $300,000
- Residential Income
- $325,000
- Energy
- $310,000
- Income-Based Land
- $285,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Grant
- State
- Indiana
- Longitude
- -85.6741
- Latitude
- 40.5205
- CBSA code
- 31980
- CBSA name
- MARION, IN MICROPOLITAN STATISTICAL AREA
