Financial
Distress signals
Property profile

1356 Wabash St Frankfort, IN 46041

OFF-MARKET
Commercial real estate
Property ID
US31-1357351
6,172 SF 0.1 ac lot Built 1976
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,070 square foot commercial property, located at 1356 E. Wabash St. in Frankfort, Indiana, presents a unique opportunity for a single tenant. Built in 1976 and extensively renovated in 2019, this Class B building offers a blend of traditional office space and flexible industrial/warehouse capabilities, making it ideal for a variety of businesses. The property features a two-story structure with one drive-in door, providing convenient access for loading and unloading. The

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$79k
Assessed land$22k
Assessed improvement$56k
Effective rate3.30%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLINTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.0
Building Supply13.4
Spa & Massage12.7

Location

1356 Wabash St Frankfort, IN 46041-2624
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1607 Mckinley, Frankfort, IN 46041-1806 $3,395 Oct 2024 1,800 SF
5 Jackson, Frankfort, IN 46041-1918 $58,000 Sep 2024 4,374 SF
508 State Rd 26, Frankfort, IN 46041 $90,000 Dec 2021 3,020 SF
252 Walnut, Frankfort, IN 46041-2416 $36,995 Feb 2020 4,624 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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