Individually Owned Property summary
This exceptional investment opportunity presents a 6,000 square foot Meineke car care center located at 219 N Walnut St, Hartford City, Indiana, 47348. The property boasts a new 14-year absolute triple net (NNN) lease with two 5-year renewal options, secured by an experienced Meineke franchisee. The franchisee is an established multi-unit operator with 17 locations in the Indianapolis MSA, ensuring strong tenant performance. The building underwent a complete renovation in 2023, with the… tenant investing $150,000 in capital expenditures. This single-story building, constructed in 1960 and situated on a 0.58-acre lot (APN: 05-03-10-404-038-000-006), benefits from a prime location along Hartford City's main north-south thoroughfare, surrounded by a high-density retail hub including national brands like McDonald's, CVS, Taco Bell, and Save A Lot. The property's strategic location midway between Indianapolis and Fort Wayne provides excellent accessibility. The asking price is $738,462, representing a $123.08 per square foot price and a 6.50% cap rate, with a Net Operating Income (NOI) of $48,000. The strong tenant, recent renovations, and favorable lease terms make this a compelling investment opportunity. This property is also available as part of a two-property portfolio. Detailed financial information is available upon request.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,000 SF
- Lot area
- 0.53 ac
- Year built
- 1960
- Stories
- 1
- APN
- 05-03-10-404-061.000-006
- Zoning
- ZO01
- Assessed value · 2023
- $125,400
- Annual tax · 2023
- $3,762
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
