Property profile

466 Townline Rd Ligonier, IN 46767

OFF-MARKET
Office Spaces
Property ID
US31-2997787
22,748 SF 4 ac lot Built 1973
Entity Owned Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1973
Construction WOOD
Total area 22,748 SF
Lot 4 ac (174,240 SF)
APN 57-01-28-400-068.000-014
UPID US31-2997787

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Church
  • High School
  • Social Service Agency Charitable Organization

Location

466 Townline Rd Ligonier, IN 46767-1025
Ligonier metro Census 972100 KENDALLVILLE, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.8M +34.7%
Medical building $1.7M +24.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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