You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Grocery and convenience stores

120 Frst Ave Brazil, IN 47834-2605

34,192 SF 0.84 ac lot Built 1975
Entity Owned Free & Clear
Property ID
US31-1879581
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 34,192 SF
Lot 0.84 ac (36,445 SF)
APN 11-01-31-300-165.000-002
UPID US31-1879581
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M
Owner & transaction history
FOREST AVE REALTY LLC
FOREST AVE REALTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 Frst Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message