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    106 W Pike Ave Petersburg, IN 47567

    For Sale
    $1,082,080

    NNN leased early education asset with over 13 years remaining.

    Property size:
    5,284 SF
    Lot size:
    0.79 Acres

    Property Features for 106 W Pike Ave

    General Information

    Size
    5,284 SF
    Lot size
    0.79 Acres

    Source: Sands Investment Group (SIG) | Austin Agent Seth Krepistman

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

    Overview

    Kid City USA NNN Asset

    This 5,284 square foot property is occupied by Kid City USA, an early education provider with over 20 years in business and 130 locations. The property is located at 106 West Pike Avenue in Petersburg, IN, which is in southern Indiana and the heart of the regional manufacturing hub. The center is less than 1-mile from The Meadows at Parkview Subdivision, a new 60-acre, 102-home development. The property is subject to a long-term triple net (NNN) lease with over 13 years remaining and zero landlord responsibilities, providing for a secured investment. The lease is guaranteed by Kid City USA, Inc. The property is a 45-minute drive to Evansville Regional Airport (EVV) and Lawrenceville-Vincennes International Airport (LWV).
    Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Pike
    State
    Indiana
    Longitude
    -87.287673
    Latitude
    38.488323

    Nearby Similar for Sale

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    • $275,000
      1,566 SF

      Petersburg Commercial Building For Sale

      Vacant building in Petersburg, Indiana, with versatile space and historic charm.
      110 S 9Th St, Petersburg, IN 47567
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    FAQs

    What type of property is this?
    Day care center - NNN leased early education asset with over 13 years remaining.
    Where is this day care center located?
    The property is located at 106 W Pike Ave Petersburg, IN.
    What is the asking price?
    The asking price for this property is $1,082,080.
    What are key features of this property?
    This property features: - Over 13 Years Remaining on a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities; - Strong Personal and Corporate Guarantee By Kid City USA, Inc; - Kid City USA Has Been in Business For More Than 20 Years With 130 Locations
    (512) 543-7437
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    106 W Pike Ave Petersburg, IN 47567
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    Petersburg, IN 47567
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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
    106 W Pike Ave Petersburg, IN 47567
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