Property profile

321 3rd St Marion, IN 46952

OFF-MARKET
Retail space
Property ID
US31-1525379
8,902 SF 0.6 ac lot Built 1990
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction WOOD
Total area 8,902 SF
Lot 0.6 ac (26,136 SF)
APN 27-07-06-402-046.000-002
UPID US31-1525379

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
  • Courier Service Postal Service
  • Discount Store

Location

321 3rd St Marion, IN 46952-4028
Marion metro Census 100 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$625k
Blend (final) Blend
$290k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $845,000 +46.0%
Apartment house (5+ units) $845,000 +45.8%
Auto repair, garage $685,000 +18.0%

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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