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    Property profile & analytics

    13550 Us Hwy 231 Remington, IN 47977-8763

    • Grocery and convenience stores
    • 5,798 SF
    • 6.21 lot acres
    OFF-MARKET
    Value Estimation
    $645,000
    Last Sale
    Mar 12, 2021
    $625,000
    Location Intelligence
    Property ID
    US31-1977678
    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

    • Midwest Truck Stop/Lucky's Diner / Restaurant

    Property Details for 13550 Us Hwy 231

    Year built
    1977
    Construction
    WOOD
    Lot size
    6.21 lot acres
    Property size
    5,798 SF
    Zone code
    HC
    Property type
    Grocery and convenience stores
    APN
    37-01-01-000-023.000-002
    APU
    370101000023000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $685,000
      6.5%
      $630,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $730,000
      Geo Method
      $725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $760,000
      Retail
      $675,000
      Mixed-Use
      $745,000
      Hospitality
      $615,000
      Educational
      $665,000
      Residential Income
      $590,000
      Energy
      $600,000
      Income-Based Land
      $670,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Remington
    County
    Jasper
    State
    Indiana
    Longitude
    -87.1552
    Latitude
    40.8157
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $4,999
    $290,100
    $301,500
    $591,600
    -
    $290,100
    $301,500
    $591,600

    Comparable in this City

    • Value Estimation
      $485,000
      2,800 SF

      21 Division St

      CONVENIENCE STORE • 2,800 SF
      21 Division St, Remington, IN 47977-8713
      View Details
    • Value Estimation
      $360,000
      2,429 SF

      505 Maine St

      CONVENIENCE STORE • 2,429 SF
      505 Maine St, Remington, IN 47977-8777
      View Details
    • Value Estimation by Request
      13,703 SF

      4154 Us Hwy 24

      CONVENIENCE STORE • 13,703 SF
      4154 Us Hwy 24, Remington, IN 47977-8720
      View Details
    • Value Estimation by Request
      3,256 SF

      4179 Us Hwy 24

      CONVENIENCE STORE • 3,256 SF
      4179 Us Hwy 24, Remington, IN 47977-8720
      View Details
    • Value Estimation
      $555,000
      14,530 SF

      115 Division St, Unit 121

      GROCERY, SUPERMARKET • 14,530 SF
      115 Division St, Remington, IN 47977-8716
      View Details
    • Value Estimation
      $350,000
      3,696 SF

      514 Wellness Way

      GYM, HEALTH SPA • 3,696 SF
      514 Wellness Way, Remington, IN 47977-8883
      View Details

    Similar Nearby for Sale

    • $1,412,400
      8,840 SF

      Remington Dollar General Plus

      High-yield retail investment. Strong tenant.
      105 Division St, Remington, IN 47977
      View Details
    • New
      $170,000
      8.48 Acres

      Secluded Wooded Acres with Cabin

      8.4 acres with cabin perfect for recreational use.
      Remington, IN 47977
      View Details
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    Remington, IN 47977-8763
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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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