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    Property profile & analytics

    120 Main St Walton, IN 46994

    • Turn key restaurants
    • 0.20 lot acres
    For Sale
    View listing
    $295,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-2388229
    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

    • Turn key restaurants

    Property Details for 120 Main St

    Year built
    1973
    Lot size
    0.20 lot acres
    Property type
    Turn key restaurants
    APN
    09-18-36-142-023.000-022
    APU
    91836142023000022

    Description

    This thriving commercial property at 120 S Main Street, Walton, IN, presents a unique investment opportunity. Situated on a 0.2-acre lot in a high-traffic area on busy US 35, this well-established business benefits from excellent visibility and proximity to shopping and densely populated areas. The property's strong customer base is further enhanced by modern online ordering and iPad-based registers that track key performance metrics. A new fryer, installed this year, has already boosted sales and expanded operational capacity, allowing for extended operating hours and increased revenue potential. All equipment is included in the sale price of $295,000. The business's robust online presence and efficient technology contribute to its consistent success. This turnkey operation offers a compelling opportunity for immediate income generation and future growth within a thriving community. The property's location on a major highway ensures high visibility and accessibility, making it an ideal investment for a savvy entrepreneur seeking a profitable and established business. The current setup is designed for efficiency and scalability, providing a solid foundation for continued success.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $355,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $345,000
      Mixed-Use
      $385,000
      Hospitality
      $345,000
      Educational
      $400,000
      Residential Income
      $370,000
      Energy
      $325,000
      Income-Based Land
      $305,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Cass
    State
    Indiana
    Longitude
    -86.2419
    Latitude
    40.6597
    CBSA code
    30900
    CBSA name
    LOGANSPORT, 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
    $1,953
    $33,000
    $44,400
    $77,400
    -
    $33,000
    $44,400
    $77,400

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      Main St

      PARKING LOT • 0.14 Acres
      Main St, Walton, IN 46994
      View Details
    • Value Estimation by Request
      1,200 SF

      High At Es St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      High At Es St, Walton, IN 46994
      View Details
    • Value Estimation by Request
      3,200 SF

      503 Main St

      SHOW ROOM, WAREHOUSE • 3,200 SF
      503 Main St, Walton, IN 46994-4137
      View Details
    • Value Estimation
      $365,000
      3,168 SF

      10111 Lincoln Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
      10111 Lincoln Walnut St, Walton, IN 46994-9137
      View Details
    • Value Estimation by Request
      2,422 SF

      101 Depot St

      AUTO REPAIR, GARAGE • 2,422 SF
      101 Depot St, Walton, IN 46994
      View Details
    • Value Estimation by Request
      850 SF

      204 Main St

      RETAIL STORES (PERSONAL SERVICES) • 850 SF
      204 Main St, Walton, IN 46994
      View Details
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    120 Main St
    Walton, IN 46994
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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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