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    240 Mall Rd Logansport, IN 46947

    Sponsored
    For Sale
    Contact for pricing

    1.3-acre land, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.3-acre outparcel presents a remarkable investment opportunity in Logansport, Indiana. Strategically located directly in front of the only Walmart Supercenter in Cass County, this property benefits from the significant traffic generated by this high-volume retailer. The site's visibility is further enhanced by its position at 240 Mall Road (Pad 1), with multiple points of ingress and egress, including a signalized entry, ensuring easy access for customers. The surrounding area boasts a strong retail presence, including a diverse mix of national brands and popular restaurants. Nearby establishments include Maurice's, Petsense, Great Clips, Buffalo Wild Wings, Home Depot, and Dollar Tree, creating a vibrant and thriving commercial environment. This prime location in the county seat of Cass County offers unparalleled exposure and accessibility, making it ideal for a variety of retail or commercial developments. The property's size and location provide ample space for construction and significant potential for return on investment. This is a rare opportunity to acquire a highly visible and well-situated parcel in a strong retail corridor. The address is 240 Mall Road, Logansport, IN 46947.

    Property Features for 240 Mall Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre outparcel directly in front of the only Walmart Supercenter in Cass County, Indiana.
    • Located in the Cass County seat.
    • Multiple points of ingress/egress with a signalized entry.
    • Surrounded by national retailers and restaurants including Maurice's, Petsense, Great Clips, Buffalo Wild Wings, Home Depot, and Dollar Tree.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walmart Deli Deli Walmart Money Center Money Transfer Service Claire’s Store Walmart Business Center Computer Service Claire's Walmart Jewelry Store

    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
    Logansport
    County
    Cass
    State
    Indiana
    Longitude
    -86.3123968
    Latitude
    40.7614338

    Nearby Comparable

    • Contact for pricing

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      Logansport Retail Investment

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    FAQs

    What type of property is this?
    Individual retail property - 1.3-acre land, prime retail location.
    Where is this individual retail property located?
    The property is located at 240 Mall Rd Logansport, IN.
    What are key features of this property?
    This property features: 1.3-acre outparcel directly in front of the only Walmart Supercenter in Cass County, Indiana.; Located in the Cass County seat.; Multiple points of ingress/egress with a signalized entry.
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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
    240 Mall Rd Logansport, IN 46947
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