Financial
Distress signals
Property profile

1860 Us Hwy 40 Brazil, IN 47834

OFF-MARKET
Turn key restaurants
Property ID
US31-2574700
1,792 SF 0.68 ac lot Built 1975
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This freestanding retail property includes an existing building, on-site parking, and associated site improvements. The site provides two points of ingress and egress and is configured to accommodate multiple commercial uses subject to applicable requirements. The property is located at 1860 W. US Highway 40 in Brazil, Indiana. The building’s prior Long John Silver’s use informs the existing restaurant-oriented configuration, and the building and site may support modified retail concepts consistent with local requirements.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$950
Tax billed · 2023
Assessed value$55k
Assessed land$18k
Assessed improvement$37k
Effective rate1.71%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k

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.

JurisdictionCLAY

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 agency12.4
Dental Office11.8
Law Firm11.6

Location

1860 Us Hwy 40 Brazil, IN 47834-7200
County assessor Recorded deeds · not on file 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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