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    Property profile & analytics

    1405 Vernon St Wabash, IN 46992-3822

    • Retail space
    • 1,440 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US31-1306379
    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

    • Hunt Brothers Pizza / Pizza Restaurant / Pizza Takeout
    • Sunoco / Convenience Store / Gas Station
    • Daily Express / Store

    Property Details for 1405 Vernon St

    Year built
    1993
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    1,440 SF
    Property type
    Retail space
    APN
    85-14-58-103-046.000-009
    APU
    851458103046000009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $295,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $290,000
      Mixed-Use
      $225,000
      Hospitality
      $245,000
      Educational
      $240,000
      Residential Income
      $300,000
      Energy
      $265,000
      Income-Based Land
      $300,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Wabash
    County
    Wabash
    State
    Indiana
    Longitude
    -85.8289
    Latitude
    40.7855
    CBSA code
    47340
    CBSA name
    WABASH, 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
    $1,908
    $14,300
    $49,300
    $63,600
    -
    $14,300
    $49,300
    $63,600

    Comparable in this City

    • Value Estimation by Request
      14,947 SF

      123 Canal St

      RETAIL STORES (PERSONAL SERVICES) • 14,947 SF
      123 Canal St, Wabash, IN 46992-3042
      View Details
    • Value Estimation
      $440,000
      11,100 SF

      25 Dimension Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,100 SF
      25 Dimension Ave, Wabash, IN 46992-4127
      View Details
    • Value Estimation
      $310,000
      480 SF

      121 Hale Dr

      RETAIL STORES (PERSONAL SERVICES) • 480 SF
      121 Hale Dr, Wabash, IN 46992-3823
      View Details
    • Value Estimation
      $325,000
      10,057 SF

      86 Main St

      RETAIL STORES (PERSONAL SERVICES) • 10,057 SF
      86 Main St, Wabash, IN 46992-3196
      View Details
    • Value Estimation
      $315,000
      1,050 SF

      290 Manchester Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      290 Manchester Ave, Wabash, IN 46992-1808
      View Details
    • Value Estimation
      $320,000
      2,704 SF

      280 Manchester Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,704 SF
      280 Manchester Ave, Wabash, IN 46992
      View Details

    Similar Nearby for Sale

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      Prime downtown Wabash storefronts with endless potential.
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      4,360 SF commercial building with endless potential in Wabash, IN.
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      Downtown Wabash Mixed-Use Investment

      Prime downtown Wabash storefronts with mixed-use potential.
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      Wabash Commercial Building - Prime Location

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    • $600,000
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    Similar Nearby for Lease

    • Contact for pricing
      2,760 SF

      Retail Space in Wabash Crossing

      Retail space available in Wabash County's economic hub.
      1611 N Cass St, Wabash, IN 46992
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    • Contact for pricing
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      Retail Space Near Highway 24

      Retail space with high visibility near Wal-Mart Shopping Center.
      1435-1495 Cass St, Wabash, IN 46992
      View Details
    • $300,000
      6,000 SF

      Retail Space with Drive-Thru Potential

      Versatile retail spaces with high visibility and ample parking.
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    • $4 SF/Yr
      730 SF

      Retail Space For Lease

      Retail property near major retailers and downtown Wabash.
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      View Details
    • Contact for pricing
      14,820 SF

      Versatile Retail/Office/Medical Space Available

      Adaptable space suitable for retail, office, or medical use.
      487 N Cass St, Wabash, IN 46992
      View Details
    • $4 SF/Yr
      64,669 SF

      Shoppers Mart: Wabash Retail Space

      High-traffic retail center; multiple suites available.
      1141-1469 Cass St, Wabash, IN 46992
      View Details
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    Wabash, IN 46992-3822
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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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