Financial
Distress signals
Property profile

53 E Market St Wabash, IN 46992

FOR LEASE
Retail space
Property ID
US31-2088325
8,720 SF 0.18 ac lot Built 1950
Last sale Feb 2012
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 53 E Market St in Wabash, Indiana, 46992. The property boasts a highly visible corner location at the southeast intersection of E Market St and S Wabash St, offering unparalleled exposure to significant foot and vehicle traffic. The building offers a total of 7,745 square feet of retail space, currently entirely vacant and ready for immediate occupancy by a single tenant. This presents a unique chance to establish a prominent presence in a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$74k
Assessed land$16k
Assessed improvement$58k
Effective rate3.00%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWABASH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.3
HVAC Service11.2
Kitchen & Bath10.6

Location

53 E Market St Wabash, IN 46992
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
108 Canal, Wabash, IN 46992-3041 $172,000 Nov 2024 8,699 SF
1450 Vernon, Wabash, IN 46992-3821 $89,000 Nov 2023 2,144 SF
14 Canal, Wabash, IN 46992-3108 $89,900 Apr 2021 4,290 SF
1620 Wabash, Wabash, IN 46992-4116 $125,000 Feb 2021 7,650 SF
189 Miami, Wabash, IN 46992-3130 $100,000 Nov 2019 6,070 SF
412 Wabash, Wabash, IN 46992-3324 $399,500 Apr 2019 8,076 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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