Property profile

3701 Western Ave Marion, IN 46953

OFF-MARKET
Commercial real estate
Property ID
US31-2311193
5,696 SF 0.68 ac lot Built 1946
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1946
Construction WOOD
Total area 5,696 SF
Lot 0.68 ac (29,621 SF)
APN 27-07-18-303-032.000-002
UPID US31-2311193

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

3701 Western Ave Marion, IN 46953-4828
Marion metro Census 800 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$750k
Comparable Approach Comparable
$782k
Blend (final) Blend
$285k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2015
Price N/A
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $540,000 +12.5%
Restaurant $525,000 +9.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3701 Western Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message