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    1798 E State Road 163 Clinton, IN 47842

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    For Sale
    $1,183,812

    6,889 SF Advance Auto Parts property in Clinton, IN.

    Property size:
    6,889 SF
    Lot size:
    1.00 Acre

    Property Features for 1798 E State Road 163

    General Information

    Size
    6,889 SF
    Lot size
    1.00 Acre

    Source: Sands Investment Group (SIG) - Corporate Agent Jake Mahon

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

    Overview

    Advance Auto Parts For Sale

    This 6,889 square foot property is for sale and is located at 1798 East State Road 163 in Clinton, IN. The property is leased to Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody’s, and $9.1 billion in annual sales for 2024. The property can be used as auto shops, automotive properties, and retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

    Dirk's Auto and Tire, Payton's Upholstery, Elite Auto Service LLC, 9th St Auto, B & S Cycle Repair

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Vermillion
    State
    Indiana
    Longitude
    -87.432517
    Latitude
    39.657104

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    FAQs

    What type of property is this?
    Auto shop - 6,889 SF Advance Auto Parts property in Clinton, IN.
    Where is this auto shop located?
    The property is located at 1798 E State Road 163 Clinton, IN.
    What is the asking price?
    The asking price for this property is $1,183,812.
    What are key features of this property?
    This property features: - Investment-grade credit rating (BB+ from S&P and Ba1 from Moody’s) of Advance Auto Parts provides a secured investment.; - Lease is backed by Advance Auto Parts.; - Advance Auto Parts reports $9.1 Billion in annual sales for 2024.
    (844) 474-4666
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    Clinton, IN 47842
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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
    1798 E State Road 163 Clinton, IN 47842
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