2130 National Ave Brazil, IN 47834-2831
This exceptional commercial property in Brazil, Indiana offers a unique investment opportunity encompassing two parcels totaling 5.58 acres. The main asset is a 13,460 square foot freestanding building situated on 3.05 acres adjacent to a Walmart. Previously an Aldi's grocery store, the building retains its refrigeration units and currently houses a successful Mexican restaurant in its front section. The brick building features a receiving dock and a fully paved, lighted parking lot with convenient access from US Highway 40, ensuring high visibility and accessibility. The versatile interior space allows for customization to suit a variety of business needs. Complementing this prime retail space is an adjacent 2.53-acre vacant commercial lot, offering significant expansion potential or the opportunity to develop additional commercial ventures. The combined properties present a rare chance to acquire a substantial footprint in a high-traffic location, ideal for a range of commercial uses. The location's proximity to Walmart guarantees significant foot traffic and visibility, making this an attractive investment for both established businesses and new ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.