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    Property profile & analytics

    751 2nd St Peru, IN 46970-1383

    • Theaters & concert halls
    • 58,287 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 29, 2020
    Location Intelligence
    Property ID
    US31-3006020
    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

    • Logansport Memorial Peru Medical Center / Medical Clinic / Family Practice Physician
    • YMCA / Basketball Court / Child Care Agency
    • Dr. Jason Ummel / Health Care Facility / Orthopedic Surgeon
    • Physical and Occupational Therapy Clinic / Physical Therapist
    • Dr. Stephen Kennedy / Family Practice Physician / Practitioner Service Location

    Property Details for 751 2nd St

    Year built
    2021
    Construction
    TYPE NOT SPECIFIED
    Lot size
    10.00 lot acres
    Property size
    58,287 SF
    Property type
    Theaters & concert halls
    APN
    52-08-33-200-049.001-016
    APU
    520833200049001016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    Miami
    State
    Indiana
    Longitude
    -86.087
    Latitude
    40.7435
    CBSA code
    37940
    CBSA name
    PERU, 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
    $0.00
    $250,000
    $6,256,700
    $6,506,700
    -
    $250,000
    $6,256,700
    $6,506,700

    Comparable in this City

    • Value Estimation
      $490,000
      26,508 SF

      154 Broadway

      THEATER (MOVIE) • 26,508 SF
      154 Broadway, Peru, IN 46970-2234
      View Details
    • Value Estimation
      $400,000
      13,897 SF

      2355 Business 31

      THEATER (MOVIE) • 13,897 SF
      2355 Business 31, Peru, IN 46970-8985
      View Details
    • Value Estimation
      $310,000
      7,584 SF

      2908 200th N

      THEATER (MOVIE) • 7,584 SF
      2908 200th N, Peru, IN 46970-8383
      View Details
    • Value Estimation
      $410,000
      15,902 SF

      3039 400th N

      THEATER (MOVIE) • 15,902 SF
      3039 400th N, Peru, IN 46970-7685
      View Details
    • Value Estimation
      $310,000
      6,698 SF

      388 7th St

      THEATER (MOVIE) • 6,698 SF
      388 7th St, Peru, IN 46970-1933
      View Details
    • Value Estimation
      $365,000
      8,369 SF

      2348 Randolph St

      THEATER (MOVIE) • 8,369 SF
      2348 Randolph St, Peru, IN 46970-8713
      View Details

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    Similar Nearby for Lease

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    751 2nd St
    Peru, IN 46970-1383
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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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