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    1040 4Th St Rochester, IN 46975

    For Sale
    $143,000

    11 Acres, City Water/Sewer Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 11.03-acre parcel, identified by APN 25-07-04-300-003.020-009, presents a compelling investment opportunity in Rochester, Indiana. Located at 1040 E 4th St, this commercially zoned industrial land offers immediate access to vital infrastructure, including city water and sewer services. Its strategic location provides easy access to major transportation arteries, including State Highways 25 and 14, and US 31, a key north-south corridor in Indiana. The property benefits from its proximity to several significant Indiana cities: within an hour of South Bend (and the Indiana Toll Road) and Kokomo; within 1.5 hours of Fort Wayne and Indianapolis; and less than two hours from downtown Chicago. Rochester itself boasts a vibrant downtown area with shopping and dining options, as well as recreational amenities such as Lake Manitou, a comprehensive park system, golf courses, and over 40 miles of walking and biking paths. Furthermore, potential economic assistance may be available based on job creation and wage levels. This property is ideal for businesses seeking a well-connected location with access to a strong workforce and attractive lifestyle amenities. The asking price for this exceptional opportunity is $143,000.

    Property Features for 1040 4Th St

    General Information

    Property type
    Land
    Lot Size
    480,467 SF

    HighLights

    • $143,000 asking price for 11.03 acres of commercially zoned land.
    • Located at 1040 E 4th St, Rochester, IN 46975 (APN: 25‑07‑04‑300‑003.020‑009).
    • Industrial zoning.
    • City water and sewer available.
    • Excellent location near State Highways 25 & 14, and US 31; within one hour of South Bend and Kokomo; within 1.5 hours of Fort Wayne and Indianapolis; less than two hours from downtown Chicago.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Fulton
    State
    Indiana
    Longitude
    -86.201031
    Latitude
    41.073142

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    FAQs

    What type of property is this?
    Land - 11 Acres, City Water/Sewer Available
    Where is this land located?
    The property is located at 1040 4Th St Rochester, IN.
    What is the asking price?
    The asking price for this property is $143,000.
    What are key features of this property?
    This property features: $143,000 asking price for 11.03 acres of commercially zoned land.; Located at 1040 E 4th St, Rochester, IN 46975 (APN: 25-07-04-300-003.020-009).; Industrial zoning.
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    Rochester, IN 46975
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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
    1040 4Th St Rochester, IN 46975
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