120 Frst Ave Brazil, IN 47834-2605
Property Lookup
Property profile & analytics
120 Frst Ave Brazil, IN 47834-2605
- Grocery and convenience stores
- 34,192 SF
- 0.84 lot acres
Property ID
US31-1879581
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.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 120 Frst Ave
- Year built
- 1975
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.84 lot acres
- Property size
- 34,192 SF
- Property type
- Grocery and convenience stores
- APN
- 11-01-31-300-165.000-002
- APU
- 110131300165000002
Description
This exceptional retail property, located at 120 S Forest Ave in Brazil, Indiana, presents a compelling investment opportunity. Situated on a prominent 2.7-acre lot along busy Highway 59 (Forest Ave), just off Highway 40, this property boasts high visibility and convenient access. The expansive 28,000 square foot building features 110 paved parking spaces, ensuring ample customer convenience. Currently, 8,000 square feet are leased through June 2026, providing immediate rental income. A significant portion of the property, 20,000 square feet, is occupied by a Save-a-lot grocery store, with the owner planning retirement. This presents a unique chance to acquire a well-established retail space with potential for future development or lease to new tenants. The property's strategic location, just south of a CVS Pharmacy, further enhances its appeal and ensures a steady flow of foot traffic. The asking price is $2,250,000. This is a rare opportunity to acquire a substantial retail property in a thriving Indiana community with strong potential for long-term growth and profitability. The property's size, location, and existing tenancy make it an ideal investment for experienced retail investors seeking a stable and potentially high-return asset. The 47834 zip code offers a strong demographic profile for retail success.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Brazil
- County
- Clay
- State
- Indiana
- Longitude
- -87.1242
- Latitude
- 39.5228
- CBSA code
- 45460
- CBSA name
- TERRE HAUTE, 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
$10,797
$69,400
$290,500
$359,900
-
$69,400
$290,500
$359,900
