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    40 Putnam Plz Greencastle, IN

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    For Lease
    Contact for pricing

    3,000 SF restaurant with drive-thru on 0.77 acres.

    Property size:
    3,000 SF
    Lot size:
    0.84 Acres

    Property Features for 40 Putnam Plz

    General Information

    Size
    3,000 SF
    Lot size
    0.84 Acres

    Source: Veritas Realty Agent Amy Tharp, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant with Drive-Thru Available

    This is a free-standing restaurant property with a drive-thru, encompassing approximately 3,000 square feet. It is situated on a 0.77-acre outlot within Putnam Plaza, which is anchored by Aldi, Tractor Supply Co, and Anytime Fitness. The property is located in Greencastle, home to DePauw University with approximately 1,820 students. Greencastle has a population of approximately 10,000 people and serves as the county seat of Putnam County. The property is intended for use as a restaurant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dairy Queen Grill ... Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greencastle
    County
    Putnam
    State
    Indiana
    Longitude
    -86.8647316
    Latitude
    39.6444898

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    FAQs

    What type of property is this?
    Drive through restaurant - 3,000 SF restaurant with drive-thru on 0.77 acres.
    Where is this drive through restaurant located?
    The property is located at 40 Putnam Plz Greencastle, IN.
    What are key features of this property?
    This property features: - Free-Standing Restaurant with Drive-Thru (approx. 3,000 SF); - 0.77 Acre Outlot of Putnam Plaza; - Anchored by Aldi, Tractor Supply Co, and Anytime Fitness
    (317) 737-1542
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    40 Putnam Plz Greencastle, IN
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    Greencastle, IN
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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
    40 Putnam Plz Greencastle, IN
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