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    11894 570 DeMotte, IN 46310

    For Sale
    $899,998

    6.8-Acre Event Venue, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 6.8-acre commercial property in DeMotte, Indiana, presents a remarkable investment opportunity. Currently operating as a thriving event venue, this expansive property boasts over 14,000 square feet of versatile commercial space. The existing layout is ideal for a multitude of uses, featuring large entertaining areas perfect for events, multiple cafГ©/bar areas, and numerous restrooms designed for high-capacity gatherings. The interior includes over 13 office rooms, multiple breakrooms, and ample banquet and reception areas, all seamlessly interconnected and equipped with a comprehensive sprinkler system. The flexibility of the space allows for easy adaptation to suit diverse business needs. Beyond the main building, the property includes a substantial 48x32 pole barn, providing additional storage or workspace. Parking is abundant, with a massive paved area exceeding 77,000 square feet, ensuring ample space for guests and employees. Detailed blueprints and land surveys are available for review, facilitating a smooth transition for any prospective buyer. This property offers a unique blend of existing infrastructure and expansive potential, making it an ideal choice for entrepreneurs seeking to establish or expand their business in a prime location. Priced at $899,998.

    Property Features for 11894 570

    General Information

    Property type
    Mixed-use properties
    Lot Size
    296,208 SF

    Building Details

    Year Built
    2002
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reclaim Life Church Religious Organization Venue 231 Event Venue

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    DeMotte
    County
    Jasper
    State
    Indiana
    Longitude
    -87.15737
    Latitude
    41.18672

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    FAQs

    What type of property is this?
    Mixed-use property - 6.8-Acre Event Venue, Huge Potential
    Where is this mixed-use property located?
    The property is located at 11894 570 DeMotte, IN.
    What is the asking price?
    The asking price for this property is $899,998.
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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
    11894 570 DeMotte, IN 46310
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