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    Property profile & analytics

    3808 Western Ave Marion, IN 46953-4901

    • Turn key restaurants
    • 2,412 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Location Intelligence
    Property ID
    US31-2024600
    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

    • Hardee's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 3808 Western Ave

    Year built
    2011
    Lot size
    0.97 lot acres
    Property size
    2,412 SF
    Property type
    Turn key restaurants
    APN
    27-06-24-102-001.002-008
    APU
    270624102001002008

    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
    -85.6742
    Latitude
    40.5223
    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
    $19,143
    $237,500
    $400,600
    $638,100
    -
    $237,500
    $400,600
    $638,100

    Comparable in this City

    • Value Estimation by Request
      0.88 Acres

      3912 Western Ave

      RESTAURANT • 0.88 Acres
      3912 Western Ave, Marion, IN 46953-5072
      View Details
    • Value Estimation by Request
      1.48 Acres

      4022 Western Ave

      RESTAURANT • 1.48 Acres
      4022 Western Ave, Marion, IN 46953-4999
      View Details
    • Value Estimation
      $305,000
      4,928 SF

      938 Washington St

      RESTAURANT • 4,928 SF
      938 Washington St, Marion, IN 46953-1969
      View Details
    • Value Estimation
      $375,000
      2,772 SF

      2013 Western Ave

      RESTAURANT • 2,772 SF
      2013 Western Ave, Marion, IN 46953-2824
      View Details
    • Value Estimation
      $400,000
      3,513 SF

      2922 Western Ave

      RESTAURANT • 3,513 SF
      2922 Western Ave, Marion, IN 46953-3562
      View Details
    • Value Estimation
      $420,000
      3,006 SF

      1301 16th St

      RESTAURANT • 3,006 SF
      1301 16th St, Marion, IN 46953-1517
      View Details

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      Retail Space Available For Lease

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    Property Visit Statistics

    • Visits by month
      6.1k
    • Visitors by month
      3.2k
    • Avg Time on site
      33 min
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    3808 Western Ave
    Marion, IN 46953-4901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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