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Financial
Distress signals
Property profile

3148 Western Ave Marion, IN 46953

OFF-MARKET
Turn key restaurants
Property ID
US31-1748658
8,966 SF 1.35 ac lot Built 1991
Last sale Mar 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail outlot associated with a Walmart Supercenter, located on a hard corner with an existing traffic signal. It is configured as a restaurant site within a high-visibility retail pad area with co-tenants including IHOP, Fazoli’s, Starbucks, and Taco Bell, and the site is intended for restaurant use. The property area is approximately 7,675 square feet. Marion, which serves as the county seat of Grand County, is the municipality for this location, and the site benefits from measured traffic of 25,697 vehicles per day (ADT).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$949k
Assessed land$249k
Assessed improvement$700k
Effective rate3.00%

Value estimate

· Oct 2026
$575k
$518k – $633k
AI approach$360k
Submarket $/SF estimate$795k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRANT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm14.4
Wholesale Shop12.8
Parking Facility11.7

Location

3148 Western Ave Marion, IN 46953-3965
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3202 Washington, Marion, IN 46953-4024 $25,000 May 2023 2,778 SF
2716 Western, Marion, IN 46953-3574 $426,500 Apr 2023 5,628 SF
525 Washington St, Marion, IN 46953-1962 $24,500 Nov 2020 No data
3108 Washington, Marion, IN 46953-4022 $74,400 Jul 2020 7,440 SF
4002 Western, Marion, IN 46953-4999 $2,088,250 Nov 2019 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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