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    Property profile & analytics

    1012 Grand Ave Connersville, IN 47331-2113

    • Turn key restaurants
    • 1,592 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US31-0786922
    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

    • Turn key restaurants

    Property Details for 1012 Grand Ave

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.39 lot acres
    Property size
    1,592 SF
    Property type
    Turn key restaurants
    APN
    21-05-24-403-006.000-003
    APU
    210524403006000003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Connersville
    County
    Fayette
    State
    Indiana
    Longitude
    -85.1362
    Latitude
    39.647
    CBSA code
    18220
    CBSA name
    CONNERSVILLE, IN MICROPOLITAN 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
    $2,892
    $39,400
    $57,000
    $96,400
    -
    $39,400
    $57,000
    $96,400

    Comparable in this City

    • Value Estimation by Request
      6,696 SF

      518 30th St

      RESTAURANT • 6,696 SF
      518 30th St, Connersville, IN 47331-2502
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    • Value Estimation
      $290,000
      1,624 SF

      2402 Park Rd

      RESTAURANT • 1,624 SF
      2402 Park Rd, Connersville, IN 47331-3001
      View Details
    • Value Estimation
      $335,000
      3,282 SF

      2204 Park Rd

      RESTAURANT • 3,282 SF
      2204 Park Rd, Connersville, IN 47331-2903
      View Details
    • Value Estimation by Request
      0.52 Acres

      4390 Western Ave

      RESTAURANT • 0.52 Acres
      4390 Western Ave, Connersville, IN 47331-9708
      View Details
    • Value Estimation
      $360,000
      3,108 SF

      2050 Park Rd

      RESTAURANT • 3,108 SF
      2050 Park Rd, Connersville, IN 47331-2901
      View Details
    • Value Estimation
      $295,000
      1,082 SF

      400 30th St

      RESTAURANT • 1,082 SF
      400 30th St, Connersville, IN 47331-2510
      View Details

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      Land Near Connersville Airport

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      Connersville Walmart-Adjacent Land

      4.38 Acres, High-Traffic Location, $1.095M
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    • $89,900
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      Connersville Mixed-Use Property for Sale

      Mixed-use property in Connersville, Indiana, totaling 772 square feet.
      107 West 20Th St, Connersville, IN 47331
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      Connersville Office Building For Sale

      Office building available for purchase in Connersville, Indiana.
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    Similar Nearby for Lease

    • Contact for pricing
      8,200 SF

      Eagle Creek Crossing Retail Space

      Connersville, IN: Prime Retail Opportunity
      4002 Western Ave, Connersville, IN 47331
      View Details
    • $4 SF/Yr
      138,678 SF

      Connersville Office & Retail Space

      Versatile spaces, 1,200-13,981 sq ft
      2100-2202 Park Rd, Connersville, IN 47331
      View Details
    • Contact for pricing
      7,048 SF

      Connersville Retail Space For Lease

      7,048 SF Retail Strip Center, High Visibility
      711 Central Ave, Connersville, IN 47331
      View Details
    • Contact for pricing
      1,651,699 SF

      Massive Industrial Space Available

      Fayette County Manufacturing/Flex Space
      4747 Western Ave, Connersville, IN 47331
      View Details

    Property Visit Statistics

    • Visits by month
      9.0k
    • Visitors by month
      6.7k
    • Avg Time on site
      10 min
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    1012 Grand Ave
    Connersville, IN 47331-2113
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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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