Property profile

4200 Western Ave Marion, IN 46953

OFF-MARKET
Turn key restaurants
Property ID
US31-2918037
7,212 SF 2.89 ac lot Built 2018
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2018
Construction WOOD
Total area 7,212 SF
Lot 2.89 ac (126,063 SF)
APN 27-06-24-100-009.071-008
UPID US31-2918037

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
  • Restaurant

Location

4200 Western Ave Marion, IN 46953-5037
Marion metro Census 10200 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$850k
Blend (final) Blend
$630k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $685,000 +2.9%

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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