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    Property profile & analytics

    1770 266Th St Arcadia, IN 46030

    • Commercial real estate
    • 1,320 SF
    • 1.14 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Jan 21, 2025
    $394,000
    Location Intelligence
    Property ID
    US31-3511959
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kasi Cafe / Restaurant
    • Indiana Golf Car / Golf Cart Dealer / Repair Service

    Property Details for 1770 266Th St

    Year built
    1968
    Construction
    WOOD
    Lot size
    1.14 lot acres
    Property size
    1,320 SF
    Property type
    Commercial real estate
    APN
    29-02-19-000-001.001-008
    APU
    290219000001001008

    Description

    This exceptional property presents a unique opportunity for commercial and residential development. Located in Arcadia, Indiana, at 1770 E 266th St, this land parcel boasts a highly desirable location on the north side of Indianapolis, within a newly opened targeted development area. The property features convenient corridor frontage and readily available utilities, significantly reducing infrastructure costs. The zoning is designated as Agricultural (Ag), offering flexibility for a variety of development plans. The total acreage available is up to 100 acres, with the seller willing to divide the land to accommodate various project sizes. This prime location offers excellent visibility and is situated in a rapidly growing area, making it an ideal investment for developers seeking high-impact projects. The APN is 29-01-13-000-014.000-001. This Hamilton County property presents a rare chance to capitalize on the burgeoning growth in this strategic area of Indiana. The property's size and location make it suitable for a wide range of commercial and residential uses. Don't miss this chance to secure a piece of this thriving market. Contact us today to learn more about this exceptional development opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $360,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $445,000
      Mixed-Use
      $380,000
      Hospitality
      $380,000
      Educational
      $405,000
      Residential Income
      $340,000
      Energy
      $445,000
      Income-Based Land
      $385,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1272
    Latitude
    40.1753
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,490
    $90,400
    $63,000
    $153,400
    -
    $90,400
    $63,000
    $153,400

    Comparable in this City

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    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Arcadia Commercial Land Development

      Prime Indiana land, up to 100 acres, utilities available.
      1770 266Th St, Arcadia, IN 46030
      View Details
    • $1,456,000
      41.60 Acres

      Arcadia Farm Land For Sale

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    • $99,000
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      Arcadia Development Land with Utilities

      100.7 acres of divisible development land with utilities.
      1620 E 266Th St, Arcadia, IN 46030
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    • $4,500,000
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      Arcadia Development Land on US 31

      20.56 acres of commercial land in Arcadia, Indiana.
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    Similar Nearby for Lease

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      108,900 SF

      NW Indiana Commercial Land

      High-traffic retail land, Arcadia, IN
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    • $12 SF/Yr
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      Arcadia Retail Space For Rent

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      View Details
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    Arcadia, IN 46030
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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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