Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    240 Federal NW Dr Corydon, IN 47112-2077

    • Turn key restaurants
    • 4,631 SF
    • 2.44 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1490122
    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

    • Culver's / Ice Cream Shop / Restaurant

    Property Details for 240 Federal NW Dr

    Year built
    2003
    Lot size
    2.44 lot acres
    Property size
    4,631 SF
    Property type
    Turn key restaurants
    APN
    31-09-24-452-001.000-007
    APU
    310924452001000007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corydon
    County
    Harrison
    State
    Indiana
    Longitude
    -86.1324
    Latitude
    38.2337
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-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
    $9,953
    $329,400
    $523,500
    $852,900
    -
    $329,400
    $523,500
    $852,900

    Comparable in this City

    • Value Estimation by Request
      3,101 SF

      100 Pacer NW Dr

      RESTAURANT • 3,101 SF
      100 Pacer NW Dr, Corydon, IN 47112-2144
      View Details
    • Value Estimation by Request
      0.55 Acres

      151 Pacer NW Dr

      RESTAURANT • 0.55 Acres
      151 Pacer NW Dr, Corydon, IN 47112-2144
      View Details
    • Value Estimation
      $380,000
      1,890 SF

      100 Chestnut St

      RESTAURANT • 1,890 SF
      100 Chestnut St, Corydon, IN 47112-1106
      View Details
    • Value Estimation
      $410,000
      2,843 SF

      1780 Hwy 135th NW

      RESTAURANT • 2,843 SF
      1780 Hwy 135th NW, Corydon, IN 47112
      View Details
    • Value Estimation
      $370,000
      2,293 SF

      Hwy 135th N

      RESTAURANT • 2,293 SF
      Hwy 135th N, Corydon, IN 47112
      View Details
    • Value Estimation
      $365,000
      1,660 SF

      2420 Landmark NE Ave

      RESTAURANT • 1,660 SF
      2420 Landmark NE Ave, Corydon, IN 47112-2019
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,225 SF

      Turn-Key Restaurant Opportunity in Corydon

      7,225 SF free-standing restaurant on 1.44 acres for sale.
      160 Pacer Dr NW, Corydon, IN 47112
      View Details
    • $2,600,000
      9,500 SF

      Modern Medical Office Building

      Renovated medical office building for sale in Corydon, Indiana.
      2230 Edsel Ln NW, Corydon, IN 47112
      View Details
    • $1,218,914
      2,800 SF

      Freestanding KFC Restaurant For Sale

      2,800 SF KFC absolute NNN lease investment opportunity.
      1793 Old Highway 135 NW, Corydon, IN 47112
      View Details
    • $3,000,000

      Turnkey Wrecker Service For Sale

      Established wrecker service in historic Corydon since 1970.
      1020 Highway 62 NW, Corydon, IN 47112
      View Details
    • $1,225,000
      16,000 SF

      Retail Property in Corydon, IN

      Retail property available for sale in Corydon, Indiana.
      1849 Gardner Ln NW, Corydon, IN 47112
      View Details
    • $65,000
      0.53 Acres

      Residential Land with City View

      Over half acre lot near amenities, hospital, and schools.
      Hwy 337 Hwy, Corydon, IN 47112
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo
      5,000 SF

      Downtown Corydon Flex Space Available

      5,000 sq ft space suitable for office, spa, or flex.
      219 W High St, Corydon, IN 47112
      View Details
    • $4,800 /Mo
      106,722 SF

      Corydon, IN Retail Outlot

      2.45-acre retail land, multiple tenants
      2363 Old Highway 135, Corydon, IN 47112
      View Details
    • Contact for pricing
      10,125 SF

      Retail Space in Corydon Center

      10,125 SF retail space in high-traffic shopping center.
      389 Old Capital Plz NW, Corydon, IN 47112
      View Details
    • Contact for pricing
      2,864 SF

      Corydon, IN Retail Space Available

      Prime Retail Space, I-64 Corridor, High Traffic
      2421 Landmark Ave, Corydon, IN 47112
      View Details
    • $6 SF/Yr
      13,200 SF

      Office/Warehouse Building with Dock Door

      13,200 SF office/warehouse with dock and drive-in doors.
      480 Valley Rd, Corydon, IN 47112
      View Details

    Property Visit Statistics

    • Visits by month
      41.7k
    • Visitors by month
      27.1k
    • Avg Time on site
      23 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    240 Federal NW Dr
    Corydon, IN 47112-2077
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.