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    Property profile & analytics

    1721 Bike St Bremen, IN 46506-2123

    • Warehouses
    • 162,032 SF
    • 7.39 lot acres
    OFF-MARKET
    Value Estimation
    $830,000
    Location Intelligence
    Property ID
    US31-1350116
    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

    • Indiana Carton Co Inc / Manufacturer
    • Indiana Carton (Recieving) / Paper Distributor

    Property Details for 1721 Bike St

    Year built
    1966
    Construction
    TYPE NOT SPECIFIED
    Lot size
    7.39 lot acres
    Property size
    162,032 SF
    Property type
    Warehouses
    APN
    50-53-34-102-202.000-006
    APU
    505334102202000006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $875,000
      6.5%
      $955,000
      7%
      $1,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $995,000
      Geo Method
      $985,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $735,000
      Mixed-Use
      $750,000
      Hospitality
      $995,000
      Educational
      $720,000
      Residential Income
      $845,000
      Energy
      $850,000
      Income-Based Land
      $840,000
      Food Service
      $765,000

    Location Insight

    • Map
    • Local Demand
    City
    Bremen
    County
    Marshall
    State
    Indiana
    Longitude
    -86.1669
    Latitude
    41.4491
    CBSA code
    38500
    CBSA name
    PLYMOUTH, 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
    $35,010
    $228,600
    $1,124,900
    $1,353,500
    -
    $228,600
    $1,124,900
    $1,353,500

    Comparable in this City

    • Value Estimation by Request
      14,277 SF

      712 Bowen Ave

      STORAGE YARD, OPEN STORAGE • 14,277 SF
      712 Bowen Ave, Bremen, IN 46506
      View Details
    • Value Estimation by Request
      1,200 SF

      1221 Plymouth St

      WAREHOUSE, STORAGE • 1,200 SF
      1221 Plymouth St, Bremen, IN 46506-1930
      View Details
    • Value Estimation by Request
      20,926 SF

      1820 Dogwood Rd

      WAREHOUSE, STORAGE • 20,926 SF
      1820 Dogwood Rd, Bremen, IN 46506-9075
      View Details
    • Value Estimation
      $450,000
      12,000 SF

      1245 Wn St

      WAREHOUSE, STORAGE • 12,000 SF
      1245 Wn St, Bremen, IN 46506-2051
      View Details
    • Value Estimation
      $230,000
      0.25 Acres

      122 En St

      WAREHOUSE, STORAGE • 0.25 Acres
      122 En St, Bremen, IN 46506
      View Details
    • Value Estimation
      $365,000
      9,000 SF

      3462 Us Hwy 6th 6

      WAREHOUSE, STORAGE • 9,000 SF
      3462 Us Hwy 6th 6, Bremen, IN 46506-9062
      View Details

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    1721 Bike St
    Bremen, IN 46506-2123
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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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