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    927 W Walnut St Albany, IN 47320

    For Sale
    $60,000

    Commercial Land - Albany, IN

    Lot size:
    0.37 Acres
    Days on Market:
    284
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 927 W Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    18-08-02-177-027.000-005
    Lot size
    0.37 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Lunsford (765) 289-2228 [email protected]

    Listing agent Sean Burcham (765) 289-2228 License #RB14041631

    Listing date Feb 25, 2025

    MLS# 202331649 Listing URL

    Copyright © 2025 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Albany, Indiana

    This 0.37-acre commercial land is available for purchase in Albany, Indiana. The parking lot is owned by Pizza King. Businesses sharing the parking lot also share the expenses for snow removal and upkeep, with costs based on the square footage of each business. The doctor's office share is 40%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Albany Family Medicine Medical Office John Carter Family Practice Physician

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Auto Repair Shop Wholesale Shop Daycare Center Kitchen & Bath HVAC Service Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Delaware
    State
    Indiana
    Longitude
    -85.246887
    Latitude
    40.300863

    Nearby Similar for Sale

    • $249,900

      Medical Office Building For Sale

      Medical office building with additional parking lot in Albany, Indiana.
      349 W 1St St, Albany, IN 47320
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land for sale in Albany, Indiana.
    Where is this commercial land located?
    The property is located at 927 W Walnut St Albany, IN.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Land only purchase opportunity.; - Shared parking lot arrangement.; - Pizza King owns the parking lot.
    (765) 289-2228
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    927 W Walnut St Albany, IN 47320
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    Albany, IN 47320
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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
    927 W Walnut St Albany, IN 47320
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