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    2285 State Road 67 Paragon, IN 46166

    For Sale
    $749,000

    000\/month. The restaurant was updated in 2022 when the bar was added. The renovation included cool overhead garage doors

    Property size:
    4,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    billiard room and karaoke area. The fun continues with outdoor seating. The bar is currently bringing in $6

    Property Features for 2285 State Road 67

    General Information

    Property type
    Retail properties
    Square Feet
    4,800 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1997
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TrackSide Restaurant

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel Bar & Pub Pawn Shop Wine and Liquor Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Paragon
    County
    Morgan
    State
    Indiana
    Longitude
    -86.56178
    Latitude
    39.39413

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    FAQs

    What type of property is this?
    Retail property - 000\/month. The restaurant was updated in 2022 when the bar was added. The renovation included cool overhead garage doors
    Where is this retail property located?
    The property is located at 2285 State Road 67 Paragon, IN.
    What is the asking price?
    The asking price for this property is $749,000.
    (317) 590-8630
    Request Owner's contact information
    2285 State Road 67 Paragon, IN 46166
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    Paragon, IN 46166
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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
    2285 State Road 67 Paragon, IN 46166
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