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    Property profile & analytics

    508 Wabash St Wabash, IN 46992-1709

    • Medical offices
    • 1,920 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US31-1817632
    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

    • David L. Frischman, DC / Chiropractor
    • Ronald M. Frischman, DC / Chiropractor
    • David Lee Frischman / Chiropractor
    • Kathleen Stechmiller / Chiropractor
    • Wabash Chiropractic Center / Chiropractor

    Property Details for 508 Wabash St

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.57 lot acres
    Property size
    1,920 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    85-14-11-104-019.000-009
    APU
    851411104019000009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $305,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $310,000
      Mixed-Use
      $330,000
      Hospitality
      $305,000
      Educational
      $375,000
      Residential Income
      $355,000
      Energy
      $375,000
      Income-Based Land
      $360,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Wabash
    County
    Wabash
    State
    Indiana
    Longitude
    -85.8213
    Latitude
    40.8047
    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
    $2,451
    $33,400
    $48,300
    $81,700
    -
    $33,400
    $48,300
    $81,700

    Comparable in this City

    • Value Estimation
      $330,000
      3,504 SF

      1310 Manchester Ave, Unit 1320

      MEDICAL BUILDING • 3,504 SF
      1310 Manchester Ave, Wabash, IN 46992-1615
      View Details
    • Value Estimation by Request
      29,052 SF

      1700 Alber St

      MEDICAL BUILDING • 29,052 SF
      1700 Alber St, Wabash, IN 46992-1015
      View Details
    • Value Estimation
      $470,000
      3,409 SF

      556 Cass St

      MEDICAL BUILDING • 3,409 SF
      556 Cass St, Wabash, IN 46992-2437
      View Details
    • Value Estimation by Request
      104,321 SF

      10 John Kissinger Dr

      MEDICAL BUILDING • 104,321 SF
      10 John Kissinger Dr, Wabash, IN 46992-1648
      View Details
    • Value Estimation
      $335,000
      5,880 SF

      900 Manchester Ave

      MEDICAL BUILDING • 5,880 SF
      900 Manchester Ave, Wabash, IN 46992-1640
      View Details
    • Value Estimation
      $295,000
      2,016 SF

      1721 Wabash St

      MEDICAL BUILDING • 2,016 SF
      1721 Wabash St, Wabash, IN 46992-4119
      View Details

    Similar Nearby for Sale

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      Wabash, IN Office Building - Value-Add Opportunity
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    • Contact for pricing
      11,328 SF

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      Iconic 3-story building with redevelopment potential in historic Wabash.
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      Prime mixed-use investment opportunity in historic downtown Wabash.
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    Similar Nearby for Lease

    • 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
    • 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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      View Details
    • $4 SF/Yr
      730 SF

      Retail Space For Lease

      Retail property near major retailers and downtown Wabash.
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      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
    • Contact for pricing
      7,745 SF

      Prime Wabash Retail Space

      7,745 SF Retail Store, High Visibility
      53 Market St, Wabash, IN 46992
      View Details
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    Wabash, IN 46992-1709
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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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