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    65957 In-19 Wakarusa, IN 46573

    • Retail properties
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 65957 In-19

    Lot size
    0.60 lot acres
    Property type
    Retail properties
    Property subtype
    Gas stations

    Description

    This exceptional commercial property presents a unique development opportunity in Wakarusa, Indiana. Situated on a 0.6-acre lot with approximately 98 feet of frontage on ST RD 19, the property includes a well-maintained 2,848 square foot auto shop building. Built in 1989 and extensively remodeled in 2022, the building features two 10-foot overhead doors, two bathrooms, an office area, and is equipped with 200 AMP service, city water, and city sewer. Currently used as a car lot, the property's B-3 zoning allows for a variety of uses, including but not limited to an auto shop and gas station. This offering provides flexibility

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wakarusa
    County
    Elkhart
    State
    Indiana
    Longitude
    -86.0021
    Latitude
    41.537

    Comparable in this City

    • Value Estimation by Request
      2.71 Acres

      65957 In-19

      Restaurants • 2.71 Acres
      65957 In-19, Wakarusa, IN 46573
      View Details
    • Value Estimation by Request
      1.10 Acres

      65957 In-19

      Restaurants • 1.10 Acres
      65957 In-19, Wakarusa, IN 46573
      View Details
    • Value Estimation by Request
      1,232 SF

      200 Elkhart St

      AUTO REPAIR, GARAGE • 1,232 SF
      200 Elkhart St, Wakarusa, IN 46573-9729
      View Details
    • Value Estimation by Request
      10,720 SF

      303 Waterford St

      AUTO REPAIR, GARAGE • 10,720 SF
      303 Waterford St, Wakarusa, IN 46573-9533
      View Details
    • Value Estimation
      $345,000
      3,553 SF

      910 Waterford St

      AUTO REPAIR, GARAGE • 3,553 SF
      910 Waterford St, Wakarusa, IN 46573-9536
      View Details
    • Value Estimation
      $220,000
      2,310 SF

      65957 State Rd 19

      AUTO REPAIR, GARAGE • 2,310 SF
      65957 State Rd 19, Wakarusa, IN 46573-9520
      View Details

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    65957 In-19
    Wakarusa, IN 46573
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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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