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    N Meridian St Portland, IN 47371

    Pending
    For Sale
    $165,000

    Commercial Land - Portland, IN

    Lot size:
    1.05 Acres
    Days on Market:
    263
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for N Meridian St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    38-07-16-200-007.000-034
    Lot size
    1.05 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Jacob Wagner (765) 289-2228 License #RB23000239

    Listing date Mar 21, 2025

    MLS# 202507041 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

    Prime Commercial Land in Portland

    This 1.05-acre commercial land parcel is situated off Meridian Street in Portland, Indiana. Its location places it in proximity to the city's restaurants and retail areas. The property is located in Jay County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Portland
    County
    Jay
    State
    Indiana
    Longitude
    -84.973
    Latitude
    40.4217

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    FAQs

    What type of property is this?
    Land - 1.05 acres near restaurants and retail in Portland, IN.
    Where is this land located?
    The property is located at N Meridian St Portland, IN.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - 1.05 Acres of land; - Located right off Meridian Street; - In the heart of Portland
    (765) 289-2228
    Request Owner's contact information
    N Meridian St Portland, IN 47371
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    Portland, IN 47371
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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
    N Meridian St Portland, IN 47371
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