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    In-114 Rensselaer, IN

    • Commercial real estate
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for In-114

    Year built
    2024
    Lot size
    1.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents a one-acre parcel of land located in Rensselaer, Indiana, at 0 In-114. The property is currently listed at $139,900. Please note that the square footage is unavailable at this time. The property taxes are estimated as the parcel has not yet been officially surveyed and separated from the main parcel. This presents a unique chance for developers, investors, or individuals seeking a blank canvas for their future projects. The undeveloped nature of the land allows for a wide range of possibilities, from residential construction to commercial development, subject to local zoning regulations and approvals. Given its size and location, this one-acre lot offers significant potential for appreciation and return on investment. Prospective buyers are encouraged to conduct their own due diligence, including verifying zoning regulations and conducting necessary site inspections, to fully assess the suitability of the property for their intended use. The absence of existing structures allows for complete design freedom and customization. This is a rare opportunity to acquire a substantial piece of land in a desirable location. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.1543
    Latitude
    40.9408

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    In-114
    Rensselaer, IN
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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
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