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    Property profile & analytics

    2000 Wabash St Frankfort, IN 46041-2753

    • Turn key restaurants
    • 1.78 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Feb 26, 2024
    Location Intelligence
    Property ID
    US31-1531318
    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

    • El Jaripeo 5 / Mexican Restaurant / Restaurant

    Property Details for 2000 Wabash St

    Year built
    1974
    Lot size
    1.78 lot acres
    Property type
    Turn key restaurants
    APN
    12-10-11-286-004.000-021
    APU
    121011286004000021

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Clinton
    State
    Indiana
    Longitude
    -86.4895
    Latitude
    40.2792
    CBSA code
    23140
    CBSA name
    FRANKFORT, 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
    $11,832
    $210,200
    $149,900
    $360,100
    -
    $210,200
    $149,900
    $360,100

    Comparable in this City

    • Value Estimation
      $350,000
      11,226 SF

      451 Clinton St

      RESTAURANT • 11,226 SF
      451 Clinton St, Frankfort, IN 46041-1816
      View Details
    • Value Estimation
      $320,000
      1.77 Acres

      2301 Wabash St

      RESTAURANT • 1.77 Acres
      2301 Wabash St, Frankfort, IN 46041-2884
      View Details
    • Value Estimation
      $375,000
      1.32 Acres

      1603 Wabash St

      RESTAURANT • 1.32 Acres
      1603 Wabash St, Frankfort, IN 46041-2746
      View Details
    • Value Estimation
      $520,000
      4,629 SF

      2432 Wabash St

      RESTAURANT • 4,629 SF
      2432 Wabash St, Frankfort, IN 46041-9429
      View Details
    • Value Estimation
      $285,000
      0.25 Acres

      304 Walnut St

      RESTAURANT • 0.25 Acres
      304 Walnut St, Frankfort, IN 46041-2367
      View Details
    • Value Estimation
      $1,515,000
      1.45 Acres

      2403 Wabash St

      RESTAURANT • 1.45 Acres
      2403 Wabash St, Frankfort, IN 46041-9400
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.75 Acres

      Frankfort, IN Outlot: Prime Retail Space

      High-traffic location, 0.75-acre outlot.
      2401 Wabash St, Frankfort, IN 46041
      View Details
    • $349,900
      6,017 SF

      Versatile Building in Historical District

      Adaptable building near Downtown Frankfort with potential for various uses.
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    • $500,000
      2,700 SF

      Corner Lot Commercial Property

      Adaptable commercial space in Frankfort's thriving business district.
      359 N Jackson St, Frankfort, IN 46041
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    • $349,900
      6,017 SF

      Frankfort Mixed-Use Investment

      6,017 SF, 2-unit building, high potential.
      408 Washington St, Frankfort, IN 46041
      View Details
    • $200,000
      1,288 SF

      Free-Standing Automotive Building For Sale

      1,288 SF automotive building in the heart of Frankfort, IN.
      452 N Main St, Frankfort, IN 46041
      View Details
    • $535,000
      0.15 Acres

      Turnkey Retail and Vacant Lot

      Commercial building with vacant lot in Frankfort, Indiana.
      550 W Walnut St, Frankfort, IN 46041
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,600 SF

      Retail Space with High Visibility

      Retail space with high visibility and ample parking available.
      2472-2488 E Wabash St, Frankfort, IN 46041
      View Details
    • $650 /Mo
      750 SF

      Office Space For Rent

      Office space available for rent, great location and value.
      5 S Main St, Frankfort, IN 46041
      View Details
    • Contact for pricing
      489,600 SF

      Industrial Building Available for Lease

      Industrial building with 195,000 - 1,194,000 SF available for lease.
      6479 W County Road 200 S, Frankfort, IN 46041
      View Details
    • Contact for pricing
      761,600 SF

      Industrial Building Available for Lease

      Industrial building with 195,000 - 1,194,000 SF available for lease.
      County Road 300 S, Frankfort, IN 46041
      View Details
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    2000 Wabash St
    Frankfort, IN 46041-2753
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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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