Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    TBD Buskirk Dr. Rochester, IN 46975

    View on Map
    Claim this Listing
    Picture of Land at TBD Buskirk Dr., Rochester, IN
    Pending
    Contact for pricing

    Residential Land - Rochester, IN

    Lot size:
    0.35 Acres
    Added:
    Jun 26, 2013
    Days on Market:
    4690
    Last Refresh:
    Apr 28 at 8:06 pm

    Property Features for TBD Buskirk Dr.

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    25-02-26-401-035.000-008
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5.32

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Randy Paris

    Listing agent Randy Paris License #RB14039178

    Listing office Paris Property Management, LLC 1575 S Grove Avenue, Warsaw, IN

    Listing date Jun 26, 2013

    MLS# 678310 Listing URL

    Copyright © 2026 Kosciusko Board of Realtors 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

    Residential Land in Country Setting

    This residential land is located in a country setting near Rochester, Indiana. The lot size is 0.35 acres. The owner may consider a contract sale. Taxes are currently at the developer rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rochester
    County
    Fulton
    State
    Indiana
    Longitude
    -86.2552
    Latitude
    41.0689

    Nearby Similar for Sale

    • $1,125,000

      Turnkey Restaurant with Multiple Income

      Established restaurant with real estate and business included in sale.
      701 Main Street, Rochester, IN 46975-1505
      View Details
    • $6
      4,244 SF

      New Construction Flex Warehouse Space

      New construction flex space available for lease in Rochester, Indiana.
      385 Blacketor Drive 385 - 395 Rochester, IN 46975
      View Details
    • $395,000

      Versatile Warehouse and Workshop Space

      Spacious commercial building with warehouse, offices, and loading dock.
      1550 Wentzel Street, Rochester, IN 46975-7297
      View Details
    • $185,000
      14,810 SF

      Prime Commercial Corner Lot Available

      Exceptional commercial land opportunity near US 31 & SR 25.
      2460 Main Street, Rochester, IN 46975
      View Details
    • Contact for pricing
      14,756 SF

      Redevelopment Opportunity in Rochester, Indiana

      Former Walgreens available for redevelopment or immediate occupancy.
      906 Main St, Rochester, IN 46975
      View Details
    • Contact for pricing

      Drive-Thru ATM on 0.444 Acres

      Drive-thru ATM for sale near Kroger and Peace Tree Village.
      2110 S. Main Street, Rochester, IN 46975
      View Details
    • $6
      2 SF

      New Construction Light Manufacturing Space

      New construction light manufacturing/warehouse space for lease in Rochester, Indiana.
      385 Blacketor Drive 385 - 395 Rochester, IN 46975, IN 46975
      View Details
    • $1,300,000
      14,756 SF

      Retail Property on Main Street

      Retail property available for sale or lease on Main Street.
      906 Main St, Rochester, IN 46975
      View Details
    • $945,000
      5,162 SF

      Restaurant and Duplex in Rochester

      Well-maintained restaurant with duplex on 2.25 acres.
      201 E 9th St, Rochester, IN
      View Details
    • Contact for pricing

      Drive-Thru ATM For Sale

      Drive-thru ATM on 0.444 acres, Rochester, Indiana.
      2110 Main St, Rochester, IN
      View Details
    • $143,000

      Industrial Land in Rochester, Indiana

      11 acres of industrial land with city utilities available.
      1040 E 4th St, Rochester, IN 46975
      View Details
    • $280,000

      Prime Commercial Land For Sale

      Land with high traffic count near shopping and restaurants.
      SW Larue, Rochester, IN 46975
      View Details

    FAQs

    What type of property is this?
    Land - Residential land in a country setting near Rochester, Indiana.
    Where is this land located?
    The property is located at TBD Buskirk Dr. Rochester, IN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Country setting for peaceful living; Close to Rochester, enjoy city conveniences nearby; Taxes at developer rate
    (574) 268-8214
    We can help!
    Listing Contact
    Randy Paris
    Real Estate License ID: RB14039178
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!