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    Listings

    For Sale (27)

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    Turn-Key Campground Business Opportunity
    $2,300,000
    10,000 SF

    Turn-Key Campground Business Opportunity

    Profitable campground business with growth potential near Rockville, Indiana.

    3359 N Us Highway 41, Bloomingdale, IN 47832
    View details
    Altoona Commercial Property For Sale
    $250,000
    0.32 Acres

    Altoona Commercial Property For Sale

    Commercial property in high-traffic area, previously a daycare.

    2328 N Hillcrest Pkwy, Altoona, WI 54720
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    Versatile Commercial Building on Corner Lot
    $115,000
    2,170 SF

    Versatile Commercial Building on Corner Lot

    Adaptable commercial building ideal for investors or owner-occupants.

    1452 S 25Th St, Terre Haute, IN 47803
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    Well-Kept Office Space on Roosevelt
    $399,500
    0.20 Acres

    Well-Kept Office Space on Roosevelt

    Former dental office with high visibility and ample parking.

    1825 E Roosevelt Rd, Wheaton, IL 60187
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    Altoona Commercial Property For Sale
    $250,000
    4,022 SF

    Altoona Commercial Property For Sale

    Commercial property in high-traffic area, previously a daycare center.

    2328 N Hillcrest Pkwy, Altoona, WI 54720
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    High Visibility Retail Building
    $875,000
    5,200 SF

    High Visibility Retail Building

    Commercial building in prime Indianapolis location with retail zoning.

    1309 S High School Rd, Indianapolis, IN 46241
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    Versatile Commercial Property in Frederic
    $325,000
    1,100 SF

    Versatile Commercial Property in Frederic

    Multi-use property with apartments and office space for sale.

    503 Wisconsin Ave S, Frederic, WI 54837
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    Versatile Commercial Property in Frederic
    $325,000
    3,600 SF

    Versatile Commercial Property in Frederic

    Multi-use property with apartments and office space in prime location.

    503 Wisconsin Ave S, Frederic, WI 54837
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    Residential Lots in Greencastle, IN
    $39,900
    0.22 Acres

    Residential Lots in Greencastle, IN

    Double residential lot suitable for building a home or rental.

    1024 Avenue C St, Greencastle, IN 46135
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    Established Business on Highway 27
    $299,000
    2,736 SF

    Established Business on Highway 27

    Successful family-owned business in high-traffic location near Eau Claire.

    2995 Lake Rd, Solon Springs, WI 54873
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    Versatile Commercial Building on Corner Lot
    $115,000
    0.10 Acres

    Versatile Commercial Building on Corner Lot

    Adaptable commercial building suitable for retail or office use.

    1452 S 25Th St, Terre Haute, IN 47803
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    Greencastle Farm Land Opportunity
    $351,000
    27.19 Acres

    Greencastle Farm Land Opportunity

    27+/- acres with building spots, homestead or development potential.

    County Road 25 N, Greencastle, IN 46135
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    5-Acre Lot on Knapp Flowage
    $99,900
    5.11 Acres

    5-Acre Lot on Knapp Flowage

    5-acre lot with electric, cleared driveway and building area.

    11 103Rd St, Frederic, WI 54837
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    Established Business on Highway 27
    $299,000
    0.38 Acres

    Established Business on Highway 27

    Successful family-owned business in high-traffic location near Eau Claire lakes.

    2995 Lk Rd, Barnes, WI 54873
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    La Vernia Acre Country Lot
    $72,000
    1.00 Acre

    La Vernia Acre Country Lot

    One acre lot with open countryside views near San Antonio.

    701 Sunrise Ln, La Vernia, TX 78121
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    Land on Knapp Flowage
    $99,900
    5.11 Acres

    Land on Knapp Flowage

    5-acre lot near Knapp Flowage with electric and cleared areas.

    103Rd St, Frederic, WI 54837
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    High-Visibility Retail Opportunity
    $335,000
    864 SF

    High-Visibility Retail Opportunity

    Versatile property with high traffic and income potential.

    1310 Poplar St, Terre Haute, IN 47807
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    Versatile Commercial/Residential Property, Greencastle
    $585,000
    4,330 SF

    Versatile Commercial/Residential Property, Greencastle

    Commercial building, shop, and remodeled residential house on large lot.

    1220 N Jackson St, Greencastle, IN 46135
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    One Acre Country Corner Lot
    $72,000
    1.00 Acre

    One Acre Country Corner Lot

    One-acre lot in La Vernia, 30 minutes from San Antonio.

    701 Sunrise Ln, La Vernia, TX 78121
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    Commercial Land on Highway 40
    $900,000
    2.87 Acres

    Commercial Land on Highway 40

    2.87 acres of commercial land with highway frontage.

    3001 E Main St, Plainfield, IN 46168
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    Burlington Land with Water View
    $63,000
    1.03 Acres

    Burlington Land with Water View

    Upscale country living in finished subdivision with water access.

    300 Rolling Oaks Dr, Burlington, IL 60109
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    Residential Land in Upscale Subdivision
    $70,000
    1.17 Acres

    Residential Land in Upscale Subdivision

    Residential land for sale in a finished, upscale subdivision.

    Rolling Oaks Dr, Burlington, IL 60109
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    Greencastle Medical Office Building
    $345,000
    4,389 SF

    Greencastle Medical Office Building

    Prime Location, Ample Parking, Ready to Occupy

    814 Washington St, Greencastle, IN 46135
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    Prime Greencastle Office & Home
    $685,000
    4,330 SF

    Prime Greencastle Office & Home

    Versatile Commercial & Residential Property

    1220 Jackson St, Greencastle, IN 46135
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    Lake Road Commercial Opportunity
    $330,000
    0.37 Acres

    Lake Road Commercial Opportunity

    Established Business, High Traffic Location

    2995 Lake Rd, Barnes, WI 54873
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    Wheaton Office Building - Great Location
    $439,900
    1,064 SF

    Wheaton Office Building - Great Location

    Prime Wheaton office, high visibility, ample parking.

    1825 Roosevelt Rd, Wheaton, IL 60187
    View details
    Turn-Key Campground Business Opportunity
    $2,300,000

    Turn-Key Campground Business Opportunity

    Profitable campground near Rockville with cabins, lake, and owner's residence.

    3359 N Us Highway 41, Bloomingdale, IN 47832
    View details

    For Lease (2)

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    Greencastle Retail/Office Space Available
    $2,200 / Mo
    1,578 SF

    Greencastle Retail/Office Space Available

    Versatile commercial property with high visibility and ample parking.

    814 N Jackson St, Greencastle, IN 46135
    View details
    Mixed-Use Building in Greencastle, IN
    $1,100 / Mo
    3,300 SF

    Mixed-Use Building in Greencastle, IN

    Mixed-use commercial building in downtown Greencastle, available November 2025.

    20 W Washington St, Greencastle, IN 46135
    View details

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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    RE/MAX Cornerstone
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