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    Property profile & analytics

    1752 1754th E Market St Nappanee, IN 46550-9216

    • Strip malls
    • 11,909 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US31-0150960
    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

    • Nappanee Family Eyecare / Optician / Sunglasses Store
    • Darren L. Minnich, OD / Optometrist
    • Rachel Sossaman Obrock / Optometrist
    • Rachel Obrock / Optometrist
    • Jillian Geiger / Optometrist / Practitioner Service Location

    Property Details for 1752 1754th E Market St

    Year built
    1999
    Construction
    WOOD
    Lot size
    1.20 lot acres
    Property size
    11,909 SF
    Zone code
    ZO01
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    20-14-32-151-049.000-029
    APU
    201432151049000029

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $705,000
      6.5%
      $655,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $770,000
      Retail
      $660,000
      Mixed-Use
      $570,000
      Hospitality
      $710,000
      Educational
      $765,000
      Residential Income
      $660,000
      Energy
      $595,000
      Income-Based Land
      $635,000
      Food Service
      $580,000

    Location Insight

    • Map
    • Local Demand
    City
    Nappanee
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.981
    Latitude
    41.443
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, IN 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
    $22,748
    $127,300
    $668,700
    $796,000
    -
    $127,300
    $668,700
    $796,000

    Comparable in this City

    • Value Estimation
      $375,000
      5,600 SF

      148 Family Fare Dr

      SHOPPING CENTER, STRIP CENTER • 5,600 SF
      148 Family Fare Dr, Nappanee, IN 46550-2329
      View Details
    • Value Estimation by Request
      18,456 SF

      8270 1350th N

      WHOLESALE OUTLET, DISCOUNT STORE • 18,456 SF
      8270 1350th N, Nappanee, IN 46550-8787
      View Details
    • Value Estimation
      $690,000
      25,600 SF

      1538 Market St

      WHOLESALE OUTLET, DISCOUNT STORE • 25,600 SF
      1538 Market St, Nappanee, IN 46550-2300
      View Details
    • Value Estimation by Request
      0.40 Acres

      Elm St

      PARKING LOT • 0.40 Acres
      Elm St, Nappanee, IN 46550
      View Details
    • Value Estimation by Request
      1,600 SF

      R 19

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      R 19, Nappanee, IN 46550
      View Details
    • Value Estimation by Request
      1,385 SF

      Main

      RETAIL STORES (PERSONAL SERVICES) • 1,385 SF
      Main, Nappanee, IN 46550
      View Details

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      Historic Nappanee Building For Sale

      Historic building suitable for office or residential redevelopment in Nappanee.
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      View Details
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    Nappanee, IN 46550-9216
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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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