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    Property profile & analytics

    1054 Market St Nappanee, IN 46550-1804

    • Grocery and convenience stores
    • 10,350 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Mar 01, 2024
    Location Intelligence
    Property ID
    US31-0957102
    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

    • Singh Express Mart Inc / Convenience Store
    • Greyhound: Bus Stop / Bus Company
    • Burger Dairy Store / Grocery Store
    • Sunoco Gas Station / Gas Station

    Property Details for 1054 Market St

    Year built
    1979
    Construction
    WOOD
    Lot size
    0.84 lot acres
    Property size
    10,350 SF
    Zone code
    ZO01
    Property type
    Grocery and convenience stores
    APN
    20-13-36-177-006.000-021
    APU
    201336177006000021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nappanee
    County
    Elkhart
    State
    Indiana
    Longitude
    -86.0132
    Latitude
    41.4432
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, 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
    $6,561
    $59,100
    $168,400
    $227,500
    -
    $59,100
    $168,400
    $227,500

    Comparable in this City

    • Value Estimation by Request
      51,584 SF

      242 Oakland Ave

      GROCERY, SUPERMARKET • 51,584 SF
      242 Oakland Ave, Nappanee, IN 46550-2319
      View Details
    • Value Estimation
      $335,000
      2,555 SF

      1304 Market St

      CONVENIENCE STORE • 2,555 SF
      1304 Market St, Nappanee, IN 46550-2302
      View Details
    • Value Estimation
      $290,000
      968 SF

      1159 Market St

      CONVENIENCE STORE • 968 SF
      1159 Market St, Nappanee, IN 46550-2244
      View Details
    • Value Estimation
      $395,000
      3,360 SF

      2068 Market St

      CONVENIENCE STORE • 3,360 SF
      2068 Market St, Nappanee, IN 46550-9211
      View Details
    • Value Estimation by Request
      638 SF

      106 Main St

      RETAIL STORES (PERSONAL SERVICES) • 638 SF
      106 Main St, Nappanee, IN 46550-1938
      View Details
    • Value Estimation by Request
      1,640 SF

      109 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,640 SF
      109 Main St, Nappanee, IN 46550-1916
      View Details

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      Nappanee Vacant Land Auction

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      Nappanee Vacant Land Auction

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    Nappanee, IN 46550-1804
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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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