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Property profile

202 W Whitley St Churubusco, IN 46723

FOR SALE
Turn key restaurants
Property ID
US31-1794091
3,362 SF 0.28 ac lot Built 1975
Last sale Jan 2007
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 202 W Whitley Street in downtown Churubusco, Indiana, this commercial building is situated on a 0.28-acre lot and provides over 3,000 square feet of interior space. The property is currently arranged for restaurant and bar use, featuring a custom-built bar area with seating for up to 80 guests, men’s and women’s restrooms, a dedicated office, and a private break room; furnishings are included, along with a walk-in cooler and kitchen equipment. It previously operated as a medical…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$264k
Assessed land$46k
Assessed improvement$218k
Effective rate2.24%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 9.49% cap applied$33k

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?
9.49%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionWHITLEY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.8
Realty agency9.7
Auto Parts Store9.4

Location

202 W Whitley St Churubusco, IN 46723
County assessor Recorded deeds · 1 transfer Qualifying 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 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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