1801 WesternMarion, IN 46953

  • Retail properties
  • 7,488 SF
Off market
$595,925 Estimated

Property Details for 1801 Western

Year built
1973
Construction
TYPE NOT SPECIFIED
Lot size
2.26 AC
Property size (Sq ft)
7,488 SF
Property type
Retail properties
Property subtype
Auto shops
APN
27-07-07-203-090.000-002
APU
270707203090000002

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,727,793
    6.5%
    $1,594,886
    7%
    $1,480,966
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,645,261
    Geo Method
    $2,343,436
  • Alternative Use

    Use
    Valuation
    Residential
    $1,345,346
    Hospitality
    $1,232,330
    Educational
    $1,025,284
    Medical
    $1,060,545
    Retail
    $1,594,886
1801 Western, Marion, Indiana

Location Insight

City
Marion
County
Grant
State
Indiana
Latitude
40.5448
Longitude
-85.6728
CBSA code
31980
CBSA name
MARION, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $178,600
  • Assessed land value
    $313,900
  • Assessed value
    $492,500
  • Tax year
    2023
  • Tax bill
    $14,775

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