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    3248 S Western Ave Marion, IN 46953
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    Property profile & analytics

    3248 S Western Ave Marion, IN 46953


    • Retail space
    • 7,440 SF
    • 0.75 lot acres
    Retail Space in Walmart Shadow For Lease
    $745,000
    1,725 SF

    Retail Space in Walmart Shadow

    Retail space available in Walmart shadow center with high traffic.

    3248 S Western Ave, Marion, IN
    View Listing
    Property ID
    US31-2039644
    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.

    Value Estimations
    $745,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GNC / (Bike/Boat/Book/etc) Store / Pharmacy
    • Verizon Business Services / Telecommunications Service / Data Center
    • MANPOWER / Employment Agency
    • Verizon / Telecommunications Service / Data Center
    • Great Clips / Hair Salon

    Property Details for 3248 S Western Ave

    Year built
    2013
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.75 lot acres
    Property size
    7,440 SF
    Property type
    Retail space
    APN
    27-06-13-800-007.104-008
    APU
    270613800007104008

    Description

    Marion Crossing, a Class A creative office building (7,440 total square feet) in Marion, Indiana, offers a prime retail space for lease. Built in 2014, this single-story building boasts 40+ parking spaces and features five suites in total. Currently, a 980-square-foot vacant suite is available, representing the minimum divisible space and the maximum contiguous space currently available. This exceptional space is ideally situated at 3248 S Western Ave, with convenient access to 33rd Street. The suite's interior dimensions are approximately 15 feet by 58 feet, providing ample room for various business needs. Benefit from optimum exposure with a location directly in front of a Walmart, ensuring maximum traffic visibility and attracting a high volume of potential customers. This is a multi-tenant building, offering a vibrant and collaborative environment. The property is classified as Retail, Office, and Special Purpose, making it suitable for a wide range of businesses. Don't miss this opportunity to secure a highly visible and functional space in a thriving location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $450,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $711,000
      Market price range: $201k - $711k
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $705,000
      RESTAURANT
      $685,000
      COMMERCIAL (GENERAL)
      $630,000
      AUTO REPAIR, GARAGE
      $470,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.6742
    Latitude
    40.5304
    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
    $39,060
    $202,200
    $1,099,800
    $1,302,000
    -
    $202,200
    $1,099,800
    $1,302,000
    View Listing
    More about this property
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