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    Property profile & analytics

    5118 1000th W Rensselaer, IN 47978-8836

    • Retail space
    • 2,400 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Mar 18, 2024
    Location Intelligence
    Property ID
    US31-2909444
    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

    • Highland Barn at Pumpkin Vine Trail / Farm / Wedding Venue

    Property Details for 5118 1000th W

    Year built
    2020
    Construction
    WOOD
    Lot size
    10.00 lot acres
    Property size
    2,400 SF
    Zone code
    BUFF
    Property type
    Retail space
    APN
    37-06-29-000-028.000-029
    APU
    370629000028000029

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.239
    Latitude
    40.9396
    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
    $2,037
    $48,800
    $217,100
    $265,900
    -
    $48,800
    $217,100
    $265,900

    Comparable in this City

    • Value Estimation by Request
      400 SF

      600 600th Ww

      RETAIL STORES (PERSONAL SERVICES) • 400 SF
      600 600th Ww, Rensselaer, IN 47978
      View Details
    • Value Estimation by Request
      1,194 SF

      565 Kannal Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,194 SF
      565 Kannal Ave, Rensselaer, IN 47978-3085
      View Details
    • Value Estimation by Request
      1,904 SF

      1136 Mckinley Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,904 SF
      1136 Mckinley Ave, Rensselaer, IN 47978-2058
      View Details
    • Value Estimation by Request
      1,256 SF

      576 Park Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,256 SF
      576 Park Dr, Rensselaer, IN 47978-3046
      View Details
    • Value Estimation by Request
      494 SF

      226 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 494 SF
      226 Washington St, Rensselaer, IN 47978-2822
      View Details
    • Value Estimation by Request
      2,444 SF

      228 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 2,444 SF
      228 Washington St, Rensselaer, IN 47978-2822
      View Details

    Similar Nearby for Sale

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      Established auto sales business with highway frontage and development potential.
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    • $499,900
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      Well-Maintained Rensselaer Income Property

      Six-unit income property with recent updates in Rensselaer, Indiana.
      981 E Washington St, Rensselaer, IN 47978
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    • New
      $299,900
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      Rensselaer Five-Unit Multi-Family Property

      Five-unit apartment building near downtown with strong rental potential.
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    • $179,900
      0.06 Acres

      Established Downtown Rensselaer Cafe

      Turnkey Restaurant w/Office Space
      112 Van Rensselaer St, Rensselaer, IN 47978
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    Similar Nearby for Lease

    • Contact for pricing
      6,880 SF

      Grocery Anchored Shopping Center

      Retail space in Rensselaer's College Square Plaza.
      396-732 S College Ave, Rensselaer, IN 47978
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center

      Prime retail space in Rensselaer's College Square Plaza.
      South College Ave, Rensselaer, IN 47978
      View Details
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    5118 1000th W
    Rensselaer, IN 47978-8836
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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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