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    Property profile & analytics

    498 Manchester Ave Wabash, IN 46992-1920

    • Grocery and convenience stores
    • 2,166 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US31-1899995
    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

    • Marathon Gas / Gas Station / Convenience Store

    Property Details for 498 Manchester Ave

    Year built
    1955
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Property size
    2,166 SF
    Property type
    Grocery and convenience stores
    APN
    85-14-11-202-002.000-009
    APU
    851411202002000009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wabash
    County
    Wabash
    State
    Indiana
    Longitude
    -85.8147
    Latitude
    40.8102
    CBSA code
    47340
    CBSA name
    WABASH, 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
    $4,377
    $49,100
    $96,800
    $145,900
    -
    $49,100
    $96,800
    $145,900

    Comparable in this City

    • Value Estimation
      $300,000
      1,760 SF

      727 Wabash St

      CONVENIENCE STORE • 1,760 SF
      727 Wabash St, Wabash, IN 46992-3332
      View Details
    • Value Estimation
      $385,000
      2,325 SF

      740 Wabash St

      CONVENIENCE STORE • 2,325 SF
      740 Wabash St, Wabash, IN 46992-3331
      View Details
    • Value Estimation
      $415,000
      2,223 SF

      24 Stitt St

      CONVENIENCE STORE • 2,223 SF
      24 Stitt St, Wabash, IN 46992
      View Details
    • Value Estimation
      $665,000
      33,987 SF

      1309 Cass St

      GROCERY, SUPERMARKET • 33,987 SF
      1309 Cass St, Wabash, IN 46992-1029
      View Details
    • Value Estimation
      $1,085,000
      1,800 SF

      111 Wabash St

      CONVENIENCE STORE • 1,800 SF
      111 Wabash St, Wabash, IN 46992-2717
      View Details
    • Value Estimation
      $430,000
      17,066 SF

      120 Hale Dr

      GROCERY, SUPERMARKET • 17,066 SF
      120 Hale Dr, Wabash, IN 46992-3801
      View Details

    Similar Nearby for Sale

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      Prime downtown Wabash storefronts with mixed-use potential.
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      Shopper's Mart Office Building

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      Wabash Commercial Building - Prime Location

      Spacious Office, Updated, Corner Lot
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    Similar Nearby for Lease

    • Contact for pricing
      3,150 SF

      Retail Space Near Highway 24

      Retail space with high visibility near Wal-Mart Shopping Center.
      1435-1495 Cass St, Wabash, IN 46992
      View Details
    • $300,000
      6,000 SF

      Retail Space with Drive-Thru Potential

      Versatile retail spaces with high visibility and ample parking.
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    • $4 SF/Yr
      730 SF

      Retail Space For Lease

      Retail property near major retailers and downtown Wabash.
      1100 N Cass St, Wabash, IN 46992
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    • Contact for pricing
      2,760 SF

      Retail Space in Wabash Crossing

      Retail space available in Wabash County's economic hub.
      1611 N Cass St, Wabash, IN 46992
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    • Contact for pricing
      14,820 SF

      Versatile Retail/Office/Medical Space Available

      Adaptable space suitable for retail, office, or medical use.
      487 N Cass St, Wabash, IN 46992
      View Details
    • $4 SF/Yr
      64,669 SF

      Shoppers Mart: Wabash Retail Space

      High-traffic retail center; multiple suites available.
      1141-1469 Cass St, Wabash, IN 46992
      View Details

    Property Visit Statistics

    • Visits by month
      1.9k
    • Visitors by month
      1.3k
    • Avg Time on site
      3 min
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    498 Manchester Ave
    Wabash, IN 46992-1920
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    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
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