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Financial
Distress signals
Property profile

721 Walnut St Albany, IN 47320

OFF-MARKET
Turn key restaurants
Property ID
US31-1726050
3,028 SF 1.49 ac lot Built 1994
Last sale May 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a restaurant and bar building with a dining room and an outdoor patio seating area, located at 721 W Walnut St in Albany, Indiana on a high-traffic corridor. It features a paved parking lot and was completely renovated approximately five years prior, including replacement kitchen elements and restaurant equipment. The scope historically included operation of Pete's Bar & Grill, and the package has included a liquor license and specified leased equipment such as an ice…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$297k
Assessed land$130k
Assessed improvement$167k
Effective rate2.77%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k

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.

JurisdictionDELAWARE

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 agency13.2
Wholesale Shop10.3
Dental Office10.1

Location

721 Walnut St Albany, IN 47320-1048
County assessor Recorded deeds · 2 transfers 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
208 State, Albany, IN 47320-1732 $25,000 Sep 2023 1,125 SF
913 State, Albany, IN 47320-1518 $9,350 Nov 2022 1,176 SF
6009 Sr 28, Albany, IN 47320 $1,032,000 Jun 2022 3,990 SF
133-137 State, Albany, IN 47320 $18,500 Jan 2021 1,562 SF
900 Blk W Walnut, Albany, IN 47320 $71,300 Apr 2020 1,441 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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