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    Property profile & analytics

    204 Walnut St Albany, IN 47320-1209

    • Turn key restaurants
    • 1,480 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Last Sale
    Apr 07, 2022
    Location Intelligence
    Property ID
    US31-2462447
    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

    • Pizza Hut / Pizza Delivery / Chicken Wings Restaurant

    Property Details for 204 Walnut St

    Year built
    1990
    Lot size
    0.88 lot acres
    Property size
    1,480 SF
    Property type
    Turn key restaurants
    APN
    18-08-01-106-001.000-005
    APU
    180801106001000005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Delaware
    State
    Indiana
    Longitude
    -85.2347
    Latitude
    40.3042
    CBSA code
    34620
    CBSA name
    MUNCIE, 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
    $4,281
    $32,400
    $122,000
    $154,400
    -
    $32,400
    $122,000
    $154,400

    Comparable in this City

    • Value Estimation
      $340,000
      3,028 SF

      721 Walnut St

      RESTAURANT • 3,028 SF
      721 Walnut St, Albany, IN 47320-1048
      View Details
    • Value Estimation
      $500,000
      4,428 SF

      930 Walnut St

      RESTAURANT • 4,428 SF
      930 Walnut St, Albany, IN 47320
      View Details
    • Value Estimation
      $420,000
      3,215 SF

      1080 Walnut St

      RESTAURANT • 3,215 SF
      1080 Walnut St, Albany, IN 47320-1532
      View Details
    • Value Estimation
      $350,000
      850 SF

      805 Walnut St

      RESTAURANT • 850 SF
      805 Walnut St, Albany, IN 47320-1050
      View Details
    • Value Estimation by Request
      2,274 SF

      1135 Walnut St

      Restaurants • 2,274 SF
      1135 Walnut St, Albany, IN 47320
      View Details
    • Value Estimation by Request
      2,436 SF

      105 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 2,436 SF
      105 Broadway St, Albany, IN 47320-1716
      View Details

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    204 Walnut St
    Albany, IN 47320-1209
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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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