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    102 3rd St Kentland, IN 47951-1212

    • Commercial real estate
    • 14,210 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US31-0955203
    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

    • NAPA Auto Parts - Kentland Automotive Supply / Car Repair And Maintenance Service / Motorcycle Parts Store

    Property Details for 102 3rd St

    Year built
    1919
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    14,210 SF
    Property type
    Commercial real estate
    APN
    56-16-21-443-047.000-011
    APU
    561621443047000011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $450,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $440,000
      Mixed-Use
      $370,000
      Hospitality
      $390,000
      Educational
      $390,000
      Residential Income
      $380,000
      Energy
      $450,000
      Income-Based Land
      $360,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Kentland
    County
    Newton
    State
    Indiana
    Longitude
    -87.4457
    Latitude
    40.7683
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $2,381
    $35,500
    $60,300
    $95,800
    -
    $35,500
    $60,300
    $95,800

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      309 Goss St

      COMMERCIAL (GENERAL) • 0.27 Acres
      309 Goss St, Kentland, IN 47951
      View Details
    • Value Estimation by Request
      3,618 SF

      106 4th St

      COMMERCIAL (GENERAL) • 3,618 SF
      106 4th St, Kentland, IN 47951-1216
      View Details
    • Value Estimation
      $390,000
      308 SF

      506 6th St

      COMMERCIAL (GENERAL) • 308 SF
      506 6th St, Kentland, IN 47951-1022
      View Details
    • Value Estimation
      $390,000
      3,840 SF

      201 Dunlap St

      SHOW ROOM, WAREHOUSE • 3,840 SF
      201 Dunlap St, Kentland, IN 47951
      View Details
    • Value Estimation
      $550,000
      7,680 SF

      406 Kent St

      COMMERCIAL (GENERAL) • 7,680 SF
      406 Kent St, Kentland, IN 47951-1336
      View Details
    • Value Estimation by Request
      3,264 SF

      322 Seymour St

      COMMERCIAL (GENERAL) • 3,264 SF
      322 Seymour St, Kentland, IN 47951-1251
      View Details

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      Kentland Office Space For Sale

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    • Contact for pricing
      0.17 Acres

      Residential Land in Kentland, Indiana

      Land for new home construction in a desirable location.
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      View Details
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    102 3rd St
    Kentland, IN 47951-1212
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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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