Property profile

1500 Western Ave Marion, IN 46953

OFF-MARKET
Grocery and convenience stores
Property ID
US31-1641353
4,704 SF 1.83 ac lot Built 2020
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2020
Construction TYPE NOT SPECIFIED
Total area 4,704 SF
Lot 1.83 ac (79,715 SF)
APN 27-06-12-104-104.002-008
UPID US31-1641353

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association Or Organization
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Cafe & Coffee Shop
  • Restaurant
  • Counselor

Location

1500 Western Ave Marion, IN 46953-1542
Marion metro Census 700 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$614k
Blend (final) Blend
$525k

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2021
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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