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    Property profile & analytics

    1302 Park Ave Alexandria, IN 46001-1265

    • Turn key restaurants
    • 2,894 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Oct 24, 2023
    Location Intelligence
    Property ID
    US31-1360793
    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

    • Small Town Services LLC / Lawn Care Service

    Property Details for 1302 Park Ave

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.50 lot acres
    Property size
    2,894 SF
    Property type
    Turn key restaurants
    APN
    48-05-13-101-003.000-022
    APU
    480513101003000022

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Madison
    State
    Indiana
    Longitude
    -85.672
    Latitude
    40.2747
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    $5,618
    $18,500
    $149,400
    $167,900
    -
    $18,500
    $149,400
    $167,900

    Comparable in this City

    • Value Estimation
      $545,000
      28,222 SF

      217 Cleveland St

      RESTAURANT • 28,222 SF
      217 Cleveland St, Alexandria, IN 46001-1024
      View Details
    • Value Estimation
      $325,000
      2,600 SF

      114 Park Ave

      RESTAURANT • 2,600 SF
      114 Park Ave, Alexandria, IN 46001-2059
      View Details
    • Value Estimation
      $280,000
      2,072 SF

      518 Harrison St

      RESTAURANT • 2,072 SF
      518 Harrison St, Alexandria, IN 46001-1629
      View Details
    • Value Estimation by Request
      3,536 SF

      1503 Park Ave

      RESTAURANT • 3,536 SF
      1503 Park Ave, Alexandria, IN 46001-8188
      View Details
    • Value Estimation by Request
      2,842 SF

      207 Washington St

      RESTAURANT • 2,842 SF
      207 Washington St, Alexandria, IN 46001-1811
      View Details
    • Value Estimation
      $360,000
      2,430 SF

      2617 Park Ave

      RESTAURANT • 2,430 SF
      2617 Park Ave, Alexandria, IN 46001-8190
      View Details

    Similar Nearby for Sale

    • $289,900
      2,072 SF

      Restaurant/Bar Opportunity in Alexandria, IN

      Restaurant/bar with transferable liquor license and updated features for sale.
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    • Contact for pricing
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      Retail Space in Alexandria, Indiana

      Retail space available for sale in Alexandria, Indiana.
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    • $1,145,000

      Retail Property in Alexandria, IN

      Retail property for sale in Alexandria, Indiana.
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      Industrial Flex Space For Sale

      8,800 SF industrial flex space with outdoor storage.
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    • $195,000
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      Alexandria Industrial Land - $195K

      15.68 Acres, I-1 Zoning, Rail Access
      300 Indiana Ave, Alexandria, IN 46001
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    • $295,000
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      Well-Maintained Office Building For Sale

      Attractive office building with parking and convenient access.
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    Similar Nearby for Lease

    • $9 SF/Yr
      10,049 SF

      Prime Alexandria Retail Space

      1,896 SF Storefront Available Now
      1111 Park Ave, Alexandria, IN 46001
      View Details
    • $2,572 /Mo
      2,400 SF

      Office Space Available For Rent

      Office space available for lease in Alexandria, Indiana.
      2211 S Park Ave, Alexandria, IN 46001
      View Details
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    1302 Park Ave
    Alexandria, IN 46001-1265
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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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