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Property profile & analytics

3148 Western Ave Marion, IN 46953-3965

  • Turn key restaurants
  • 8,966 SF
  • 1.35 lot acres
OFF-MARKET
Value Estimation
Last Sale
Mar 18, 2022
Location Intelligence
Property ID
US31-1748658
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

  • Turn key restaurants

Property Details for 3148 Western Ave

Year built
1991
Construction
WOOD
Lot size
1.35 lot acres
Property size
8,966 SF
Property type
Turn key restaurants
APN
27-06-13-800-007.002-008
APU
270613800007002008

Description

This exceptional 1.34-acre retail outlot in Marion, Indiana, presents a unique investment opportunity. Situated in Grant County's strongest retail corridor, this property boasts unparalleled visibility and accessibility on Western Avenue, a high-traffic road with 25,553 cars daily. The location benefits from a signalized intersection, ensuring easy ingress and egress for customers. This outlot is part of a thriving commercial area, anchored by a Walmart Supercenter and surrounded by established national brands including Taco Bell, Starbucks, Aspen Dental, and O'Reilly Auto Parts. The 15-mile trade area encompasses a substantial population of 75,735, providing a large potential customer base. Its central location within the county seat offers convenient access to Indiana Wesleyan University, Marion High School, and major employers, further enhancing its appeal. This single-tenant property is ideal for a variety of retail uses and represents a rare chance to secure a prime location in a high-growth market. The property's strategic placement and strong surrounding businesses make it an exceptional investment opportunity with significant potential for return. This is a must-see for any investor seeking a high-traffic, high-visibility retail location.

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
-85.6743
Latitude
40.5324
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
$28,458
$248,700
$699,900
$948,600
-
$248,700
$699,900
$948,600
More about this property
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