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    Property profile & analytics

    716 Morton St Oakland City, IN 47660

    • Retail properties
    • 768 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 716 Morton St

    Year built
    2018
    Lot size
    0.05 lot acres
    Property size
    768 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional 768-square-foot restaurant building, constructed in 2018, is situated on a 0.05-acre lot in Oakland City, Indiana (APN: 26-14-19-201-000.122-007). Currently configured as a food preparation area for a food truck, this property presents a fantastic opportunity for a variety of uses. The building boasts a spacious kitchen area, indoor and outdoor seating, and ample parking, making it ideal for a full-service restaurant. A drive-thru could easily be incorporated. The asking price is $95,000. The property's versatility extends beyond restaurant use

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakland City
    County
    Gibson
    State
    Indiana
    Longitude
    -87.3406
    Latitude
    38.3348

    Comparable in this City

    • Value Estimation by Request
      9,014 SF

      1940 In-57

      Individual retail properties • 9,014 SF
      1940 In-57, Oakland City, IN 47660
      View Details
    • Value Estimation by Request
      5.53 Acres

      1000 Morton St

      Medical offices • 5.53 Acres
      1000 Morton St, Oakland City, IN 47660
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    • Value Estimation
      $270,000
      0.30 Acres

      531 Franklin St

      RESTAURANT • 0.30 Acres
      531 Franklin St, Oakland City, IN 47660-1623
      View Details
    • Value Estimation
      $345,000
      3,520 SF

      518 Morton St

      RESTAURANT • 3,520 SF
      518 Morton St, Oakland City, IN 47660-8108
      View Details
    • Value Estimation
      $415,000
      4,818 SF

      1989 State Rd 57

      RESTAURANT • 4,818 SF
      1989 State Rd 57, Oakland City, IN 47660-8646
      View Details
    • Value Estimation by Request
      1,120 SF

      2043 State Rd 57

      CONVENIENCE STORE • 1,120 SF
      2043 State Rd 57, Oakland City, IN 47660-8666
      View Details

    Similar Nearby for Sale

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      Morton St. Mixed-Use Investment

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    716 Morton St
    Oakland City, IN 47660
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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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