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    1015 N Mckinley Ave Rensselaer, IN 47978

    Sponsored
    For Sale
    $140,000

    LAND - Rensselaer, IN

    Lot size:
    0.52 Acres
    Days on Market:
    109
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1015 N Mckinley Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    370719011002099027
    Lot size
    0.52 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent William Loy (219) 670-2864

    Listing date Sep 19, 2025

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rensselaer Corner Development Site

    This 0.52-acre corner development site is located at the southeast corner of US Highway 231 and Maple Street in Rensselaer, Indiana. Zoned B-2, the mostly level parcel is suitable for retail or Quick Service Restaurant (QSR) development. All utilities are on-site or readily available. The site is partially paved and lighted for vehicle display. The Assessor has not assigned a street number to this parcel; the neighboring property is located at 1015 N McKinley. The APN is #37-07-19-011-002.099-027.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.150566
    Latitude
    40.945414

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    FAQs

    What type of property is this?
    Commercial land - 0.52 AC corner lot suitable for retail or QSR.
    Where is this commercial land located?
    The property is located at 1015 N Mckinley Ave Rensselaer, IN.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Prime SEC Corner Development Site on US Hwy 231; - Ideal for Retail or QSR due to B-2 Zoning; - All Utilities On-Site or Readily Available
    (219) 670-2864
    Request Owner's contact information
    1015 N Mckinley Ave Rensselaer, IN 47978
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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
    1015 N Mckinley Ave Rensselaer, IN 47978
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