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    Property profile & analytics

    507 Halleck St Demotte, IN 46310-9553

    • Turn key restaurants
    • 17,604 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Feb 19, 2025
    Location Intelligence
    Property ID
    US31-1683412
    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

    • JnJ.Sale / Home Goods Store

    Property Details for 507 Halleck St

    Year built
    1961
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.75 lot acres
    Property size
    17,604 SF
    Zone code
    BUFF
    Property type
    Turn key restaurants
    APN
    37-15-23-000-034.000-025
    APU
    371523000034000025

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Demotte
    County
    Jasper
    State
    Indiana
    Longitude
    -87.1983
    Latitude
    41.2071
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN 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
    $3,409
    $53,400
    $213,000
    $266,400
    -
    $53,400
    $213,000
    $266,400

    Comparable in this City

    • Value Estimation by Request
      2,182 SF

      338 Halleck St

      RESTAURANT • 2,182 SF
      338 Halleck St, Demotte, IN 46310-9419
      View Details
    • Value Estimation by Request
      1,596 SF

      1222 Halleck St

      RESTAURANT • 1,596 SF
      1222 Halleck St, Demotte, IN 46310-7920
      View Details
    • Value Estimation by Request
      17,048 SF

      11166 State Rd 10

      RESTAURANT • 17,048 SF
      11166 State Rd 10, Demotte, IN 46310-8509
      View Details
    • Value Estimation
      $330,000
      6,717 SF

      804 Halleck St

      RESTAURANT • 6,717 SF
      804 Halleck St, Demotte, IN 46310-8342
      View Details
    • Value Estimation
      $390,000
      2,464 SF

      700 Halleck St

      RESTAURANT • 2,464 SF
      700 Halleck St, Demotte, IN 46310-9544
      View Details
    • Value Estimation by Request
      2,696 SF

      616 15th SE St

      RESTAURANT • 2,696 SF
      616 15th SE St, Demotte, IN 46310-9372
      View Details

    Similar Nearby for Sale

    • $1,502,823
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      De Motte, IN Auto Parts Shop

      High-Yield Net Lease Investment Opportunity
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    • $265,000
      1.62 Acres

      Commercial Land on State Road

      Prime commercial location with high visibility and expansion potential.
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    • New
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      5914 E State Road 10, Demotte, IN 46310
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    • $575,000
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      DeMotte Retail Building - High Visibility

      Prime Retail Space, Two Units, Ample Parking
      507 Halleck St, DeMotte, IN 46310
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      DeMotte Land with High Visibility

      Highly visible DeMotte land suitable for business ventures.
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    Demotte, IN 46310-9553
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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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