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    Property profile & analytics

    1311 Marion Ave Marion, IN 46952-3470

    • Retail space
    • 3,600 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Aug 24, 2021
    Location Intelligence
    Property ID
    US31-1732532
    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

    • Designs By Kandace / Hair Salon
    • Just Nails / Nail Salon

    Property Details for 1311 Marion Ave

    Year built
    1999
    Construction
    WOOD
    Lot size
    0.43 lot acres
    Property size
    3,600 SF
    Property type
    Retail space
    APN
    27-06-01-101-180.000-008
    APU
    270601101180000008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.6745
    Latitude
    40.5652
    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
    $6,099
    $61,800
    $141,500
    $203,300
    -
    $61,800
    $141,500
    $203,300

    Comparable in this City

    • Value Estimation by Request
      1,614 SF

      1225 Wabash Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,614 SF
      1225 Wabash Ave, Marion, IN 46952-1807
      View Details
    • Value Estimation
      $350,000
      7,432 SF

      1341 Gillespie St

      RETAIL STORES (PERSONAL SERVICES) • 7,432 SF
      1341 Gillespie St, Marion, IN 46952-2515
      View Details
    • Value Estimation
      $295,000
      2,622 SF

      326 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 2,622 SF
      326 Washington St, Marion, IN 46952-4023
      View Details
    • Value Estimation
      $305,000
      3,892 SF

      1424 4th St

      RETAIL STORES (PERSONAL SERVICES) • 3,892 SF
      1424 4th St, Marion, IN 46952-3548
      View Details
    • Value Estimation
      $300,000
      1,984 SF

      1328 Baldwin Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,984 SF
      1328 Baldwin Ave, Marion, IN 46952-1932
      View Details
    • Value Estimation
      $355,000
      4,640 SF

      1520 Chapel Pike

      RETAIL STORES (PERSONAL SERVICES) • 4,640 SF
      1520 Chapel Pike, Marion, IN 46952-1836
      View Details

    Similar Nearby for Sale

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      Marion Agricultural Land For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Space Available For Rent

      3,000 square feet of retail space for lease.
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    • $12 SF/Yr
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      Prime Marion Retail Space

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    • Contact for pricing
      672 SF

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      672 SF retail space with drive-thru potential for lease.
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    • $9 SF/Yr
      27,925 SF

      Five Points Mall Retail Space

      Prime Marion, IN retail space available.
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    • $1,250 /Mo
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      Mixed-Use Open Space Available

      Open space unit available for rent in Marion, Indiana.
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    • $10 SF/Yr
      15,120 SF

      Maidenberg Building: Marion Office Space

      Historic Downtown Marion Office Suite Available
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      View Details
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    1311 Marion Ave
    Marion, IN 46952-3470
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    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
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