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Property profile

240 Kellner Blvd Rensselaer, IN 47978

OFF-MARKET
Grocery and convenience stores
Property ID
US31-2094862
8,090 SF 0.77 ac lot Built 1949
Last sale Aug 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 240 W Kellner Blvd in Rensselaer, Indiana consists of a vacant grocery store building totaling over 7,700 square feet. The building includes existing grocery-store equipment, supporting continued or renewed grocery retail use with the improvements already in place. The site spans approximately 0.77 acres and is served by all city utilities. The property is conveyed without shopping carts, while the retail building and its installed grocery equipment remain part of the property.

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 · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$195k
Assessed land$43k
Assessed improvement$152k
Effective rate1.22%

Value estimate

· Oct 2026
$340k
$306k – $374k
AI approach$340k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BUFF
JurisdictionJASPER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.6
Dental Office13.1
Wholesale Shop12.1

Location

240 Kellner Blvd Rensselaer, IN 47978-2626
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Walnut, Rensselaer, IN 47978-2366 $200,000 Apr 2025 4,608 SF
550 College, Rensselaer, IN 47978-3007 $2,679,350 Sep 2023 14,880 SF
107 Cullen, Rensselaer, IN 47978-2643 $3,040,000 Feb 2021 10,056 SF
104 Washington, Rensselaer, IN 47978-2820 $75,000 Feb 2020 3,128 SF
8314 State Rd 114, Rensselaer, IN 47978-8811 $320,000 Feb 2019 10,560 SF
125 Cullen, Rensselaer, IN 47978-2850 $470,000 Dec 2018 11,628 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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