Property profile

485 Michigan St New Carlisle, IN 46552

OFF-MARKET
Grocery and convenience stores
Property ID
US31-2148258
22,720 SF 9.03 ac lot Built 2009
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2009
Construction TYPE NOT SPECIFIED
Total area 22,720 SF
Lot 9.03 ac (393,347 SF)
APN 71-01-26-300-005.000-018
UPID US31-2148258

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
  • Grocery & Convenience Store Food Market

Location

485 Michigan St New Carlisle, IN 46552-9777
New Carlisle metro Census 10800 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.88M
Blend (final) Blend
$655k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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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