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    199 State Rd Pekin, IN 47165

    For Sale
    $279,000

    Established Business, High Potential, $279,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional business opportunity is located at 199 E State Road in Pekin, Indiana. Priced at $279,000, this property presents a significant chance for a savvy investor or entrepreneur. While the square footage is not currently specified, the property is offered as a complete business opportunity, meaning the sale includes all necessary assets and infrastructure for immediate operation. The property sits on a lot with no acreage specified. The exact nature of the business is not detailed in the provided information, but the asking price suggests a substantial and established operation. This presents a unique chance to acquire a turnkey business in a desirable location. Further details regarding the specific business operations, inventory, and financial records are available upon request. Serious inquiries only. This is an excellent opportunity for someone looking to enter the market or expand their existing portfolio. The location in Pekin, Indiana offers access to a strong local market and potential for growth. The absence of specified square footage does not diminish the value of this opportunity

    Property Features for 199 State Rd

    General Information

    Property type
    Investment properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Pekin
    County
    Washington
    State
    Indiana
    Longitude
    -86.012
    Latitude
    38.4946

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    FAQs

    What type of property is this?
    Investment property - Established Business, High Potential, $279,000
    Where is this investment property located?
    The property is located at 199 State Rd Pekin, IN.
    What is the asking price?
    The asking price for this property is $279,000.
    (502) 645-3293
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    199 State Rd Pekin, IN 47165
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    Pekin, IN 47165
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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
    199 State Rd Pekin, IN 47165
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