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11894 570th W Demotte, IN 46310-8778

OFF-MARKET Commercial real estate Google Maps
12,000 SF 6.81 ac lot Built 2002
Entity Owned ~ Est. High Equity
Estimated value (blended)
$260k
Range $234k – $286k (±10%)
Property ID US31-1791092

Property summary

AI-generated overview

This exceptional 6.8-acre commercial property in DeMotte, Indiana, presents a remarkable investment opportunity. Currently operating as a thriving event venue, this expansive property boasts over 14,000 square feet of versatile commercial space. The existing layout is ideal for a multitude of uses, featuring large entertaining areas perfect for events, multiple cafГ©/bar areas, and numerous restrooms designed for high-capacity gatherings. The interior includes over 13 office rooms, multiple breakrooms, and ample banquet and reception areas, all seamlessly interconnected and equipped with a comprehensive sprinkler system. The flexibility of the space allows for easy adaptation to suit diverse business needs. Beyond the main building, the property includes a substantial 48x32 pole barn, providing additional storage or workspace. Parking is abundant, with a massive paved area exceeding 77,000 square feet, ensuring ample space for guests and employees. Detailed blueprints and land surveys are available for review, facilitating a smooth transition for any prospective buyer. This property offers a unique blend of existing infrastructure and expansive potential, making it an ideal choice for entrepreneurs seeking to establish or expand their business in a prime location. Priced at $899,998.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Construction WOOD
Total area 12,000 SF
Lot 6.81 ac (296,426 SF)
Zoning code BUFF
APN 37-16-31-000-003.020-033
UPID US31-1791092

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church Mosque
  • Hotel & Motel Resort

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2026
2 recorded transactions
2026
$997,500
2022
Price N/A

Zoning & alternative use

BUFF · Demotte, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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