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Property profile

20508 Wicker Blvd Lowell, IN 46356

FOR SALE
Retail space
Property ID
US31-0989763
1,092 SF 3.29 ac lot Built 1945
Last sale Jul 2018
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of 3.29 acres of commercial land in Lowell, Indiana, located on Route 41. It includes a 1,092-square-foot commercial building originally constructed in 1945 and configured for restaurant use, as well as a single-family home on the same parcel described as a fixer-upper with some updates completed. The site provides space suitable for semi-truck parking, supporting heavy-vehicle use in addition to the existing commercial setup. The property is served by propane heating,…

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 · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$288k
Assessed land$247k
Assessed improvement$41k
Effective rate1.58%

Value estimate

· Oct 2026
$280k
$252k – $308k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 16.72% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$36 – $120

Cap rate analysis

How does the asset earn?
16.72%
$42k 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.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.6
Auto Parts Store8.4
Building Supply7.8

Location

20508 Wicker Blvd Lowell, IN 46356
County assessor Recorded deeds · 3 transfers 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

3 recorded sales · 12 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
141 Commercial, Lowell, IN 46356-2211 $92,500 Nov 2024 2,256 SF
221 Commercial, Lowell, IN 46356-1705 $1,100 Apr 2022 400 SF
406 Commercial, Lowell, IN 46356-1815 $115,000 Feb 2021 1,327 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
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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