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    912 In-229 Batesville, IN

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    For Sale
    $1,800,000

    Freestanding Church’s Chicken restaurant with a new 15-year lease.

    Property size:
    2,314 SF
    Lot size:
    0.66 Acres

    Property Features for 912 In-229

    General Information

    Size
    2,314 SF
    Lot size
    0.66 Acres

    Source: Latitude Commercial Agent Brett McDermott

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

    Overview

    Freestanding Church’s Chicken Restaurant For Sale

    This is a 2,314 square foot freestanding Church’s Chicken restaurant located on a prime commercial corridor. The tenant is set to execute a new 15-year lease upon closing. The starting rent is $9,000 per month, offering a stable long-term income stream. The lease includes one five-year renewal option with an 8% rental escalation.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Batesville
    County
    Ripley
    State
    Indiana
    Longitude
    -85.222184
    Latitude
    39.3000511

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    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding Church’s Chicken restaurant with a new 15-year lease.
    Where is this drive through restaurant located?
    The property is located at 912 In-229 Batesville, IN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - New 15-year lease to be executed at closing, providing long-term security.; - $9,000/month starting rent ensures stable income.; - Freestanding 2,314 SF Church’s Chicken location.
    (219) 545-4328
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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
    912 In-229 Batesville, IN
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