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    Property profile & analytics

    1709 Walnut St Hartford City, IN 47348

    • Strip malls
    • 16,100 SF
    • 1.62 lot acres
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US31-2153926
    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

    • Strip malls

    Property Details for 1709 Walnut St

    Year built
    1962
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.62 lot acres
    Property size
    16,100 SF
    Zone code
    ZO01
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    05-03-03-400-025.000-006
    APU
    50303400025000006

    Description

    This single-tenant retail property, located at 1709 N Walnut St in Hartford City, Indiana, offers 16,100 total square feet, with 12,500 square feet currently available for lease. The property is classified as a Class B, single-story strip center situated on a generous 1.622-acre lot. Its location within the Marion submarket of Blackford County provides excellent access and visibility for businesses seeking a strong presence in the Hartford City area. The building's ample square footage presents a significant opportunity for a variety of retail uses. The property's size and layout offer flexibility for tenants needing substantial space. The address is easily accessible from major roadways, ensuring high traffic flow and convenient customer access. This property is an ideal location for businesses seeking a prominent position in a growing community. The zip code is 47348. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The property is in excellent condition and ready for immediate occupancy. The large vacant space allows for customization to meet specific tenant needs. This is a rare opportunity to secure a substantial retail space in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $255,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $300,000
      Mixed-Use
      $300,000
      Hospitality
      $300,000
      Educational
      $310,000
      Residential Income
      $330,000
      Energy
      $245,000
      Income-Based Land
      $325,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Hartford City
    County
    Blackford
    State
    Indiana
    Longitude
    -85.371
    Latitude
    40.4652

    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
    $8,439
    $73,600
    $207,700
    $281,300
    -
    $73,600
    $207,700
    $281,300

    Comparable in this City

    • Value Estimation
      $440,000
      17,840 SF

      1308 Walnut St

      SHOPPING CENTER, STRIP CENTER • 17,840 SF
      1308 Walnut St, Hartford City, IN 47348-1340
      View Details
    • Value Estimation by Request
      0.15 Acres

      400 Blk W Water

      PARKING LOT • 0.15 Acres
      400 Blk W Water, Hartford City, IN 47348
      View Details
    • Value Estimation by Request
      0.09 Acres

      512 High St

      PARKING LOT • 0.09 Acres
      512 High St, Hartford City, IN 47348
      View Details
    • Value Estimation by Request
      0.16 Acres

      205 Main St

      PARKING LOT • 0.16 Acres
      205 Main St, Hartford City, IN 47348
      View Details
    • Value Estimation by Request
      0.14 Acres

      606 Van Cleve St

      PARKING LOT • 0.14 Acres
      606 Van Cleve St, Hartford City, IN 47348
      View Details
    • Value Estimation by Request
      3,080 SF

      201 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 3,080 SF
      201 Jefferson St, Hartford City, IN 47348-2531
      View Details

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    Similar Nearby for Lease

    • $8 SF/Yr
      12,500 SF

      Former YMCA Retail Space Available

      Retail space in busy shopping center near IU-Blackford Hospital.
      1711 N Walnut St, Hartford City, IN 47348
      View Details
    • $8 SF/Yr
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      Hartford City Retail Space For Lease

      Prime Retail Space, High Visibility Location
      1709 Walnut St, Hartford City, IN 47348
      View Details
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    Hartford City, IN 47348
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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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