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    Property profile & analytics

    1103 Lincolnway S Ligonier, IN 46767-1736

    • Turn key restaurants
    • 3,026 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1962326
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 1103 Lincolnway S

    Year built
    1999
    Lot size
    1.10 lot acres
    Property size
    3,026 SF
    Property type
    Turn key restaurants
    APN
    57-01-27-200-037.000-014
    APU
    570127200037000014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ligonier
    County
    Noble
    State
    Indiana
    Longitude
    -85.5859
    Latitude
    41.4561
    CBSA code
    28340
    CBSA name
    KENDALLVILLE, 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
    $27,350
    $200,200
    $778,300
    $978,500
    -
    $200,200
    $778,300
    $978,500

    Comparable in this City

    • Value Estimation
      $305,000
      1,479 SF

      101 Us Hwy 6th 6

      RESTAURANT • 1,479 SF
      101 Us Hwy 6th 6, Ligonier, IN 46767-2126
      View Details
    • Value Estimation
      $325,000
      5,346 SF

      609 Lincolnway W

      RESTAURANT • 5,346 SF
      609 Lincolnway W, Ligonier, IN 46767-1125
      View Details
    • Value Estimation by Request
      2,968 SF

      909 Lincolnway S

      RESTAURANT • 2,968 SF
      909 Lincolnway S, Ligonier, IN 46767-1707
      View Details
    • Value Estimation by Request
      3,897 SF

      1320 Lincolnway S

      RESTAURANT • 3,897 SF
      1320 Lincolnway S, Ligonier, IN 46767-1739
      View Details
    • Value Estimation by Request
      2,368 SF

      241 Us Hwy 6th 6

      RESTAURANT • 2,368 SF
      241 Us Hwy 6th 6, Ligonier, IN 46767-1734
      View Details
    • Value Estimation
      $335,000
      5,550 SF

      105 3rd St

      RESTAURANT • 5,550 SF
      105 3rd St, Ligonier, IN 46767-2223
      View Details

    Similar Nearby for Sale

    • New
      $184,900
      0.08 Acres

      Versatile Mixed-Use Building in Ligonier

      Commercial storefront with two apartments in downtown Ligonier, Indiana.
      316 S Cavin St, Ligonier, IN 46767
      View Details
    • $200,000
      2,271 SF

      Converted Duplex in Ligonier, IN

      Two-unit home with conversion potential in Ligonier, Indiana.
      602-604 S Martin St, Ligonier, IN 46767
      View Details

    Property Visit Statistics

    • Visits by month
      12.6k
    • Visitors by month
      7.3k
    • Avg Time on site
      11 min
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    1103 Lincolnway S
    Ligonier, IN 46767-1736
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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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