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Property profile & analytics

418 Sugar St Brownstown, IN 47220-1541

  • Parking lots & garages
  • 4,280 SF
  • 0.26 lot acres
OFF-MARKET
Value Estimation
$295,000
Last Sale
Oct 20, 2021
Location Intelligence
Property ID
US31-2021150
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

  • Parking lots & garages

Property Details for 418 Sugar St

Year built
1991
Construction
WOOD
Lot size
0.26 lot acres
Property size
4,280 SF
Property type
Parking lots & garages
APN
36-54-11-404-053.000-002
APU
365411404053000002

Description

This exceptional turnkey business opportunity encompasses a well-established mechanic garage located at 418 N Sugar Street, Brownstown, IN. The property sits on a 0.26-acre lot and offers a substantial 5720 square feet of space under roof. The main building features five bays equipped with five lifts, providing ample workspace for various automotive repair needs. In addition to the main garage, there's a convenient lean-to with four additional bays, expanding storage and operational capacity. The property also includes a dedicated office, a break room, and a half-bath for employee convenience. Climate control is provided by window air conditioning units. Heating is efficiently handled by both oil and natural gas systems. The property is connected to the city sewer system. Extensive outdoor parking is available, including an additional parking area located directly across the street. The sale includes a comprehensive inventory of tools and equipment, ready for immediate use, including a 70-ton press, tire changer, tire balancer, two air compressors, all necessary air tools, a Snap-on A/C machine, a welder, a substantial inventory of tires, and an air pressure tank. This well-maintained building has served as a successful mechanic garage for nearly a decade, offering a proven track record and immediate income potential. This is a rare opportunity to acquire an established, profitable business with all the necessary equipment and infrastructure in place. The asking price is $139,900.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $400,000
    6.5%
    $395,000
    7%
    $430,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $325,000
    Geo Method
    $375,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $335,000
    Retail
    $455,000
    Mixed-Use
    $385,000
    Hospitality
    $445,000
    Educational
    $450,000
    Residential Income
    $365,000
    Energy
    $435,000
    Income-Based Land
    $350,000
    Food Service
    $435,000

Location Insight

  • Map
  • Local Demand
City
Brownstown
County
Jackson
State
Indiana
Longitude
-86.039
Latitude
38.8822
CBSA code
42980
CBSA name
SEYMOUR, IN MICROPOLITAN 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
$1,849
$32,600
$35,400
$68,000
-
$32,600
$35,400
$68,000
More about this property
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