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Property profile & analytics
FOR SALE
Grocery and convenience stores

824 North 3Rd St Logansport, IN 46947

17,060 SF 0.8 ac lot Built 1975
Trust Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US31-1744800
Property summary
AI-generated overview

This exceptional 17,157 square foot retail space, formerly a grocery store, is ideally situated on a 0.8-acre corner lot at 824 N. 3rd St. in Logansport, Indiana. The property boasts ample on-site parking, making it highly convenient for customers. Located in Cass County (APN: 09-17-44-220-001.000-010), this single-tenant building presents a fantastic opportunity for a variety of retail businesses. The property's size and prominent location offer significant visibility and accessibility. The address is easily identifiable and accessible from major roadways, ensuring high traffic flow. This is a rare opportunity to acquire a well-positioned retail space in a thriving community. The building's previous use as a supermarket suggests a strong foundation for a similar business or a complementary retail operation. The substantial lot size provides ample space for potential expansion or outdoor amenities. This property is ready for immediate occupancy and offers a unique chance to establish a successful retail presence in Logansport, Indiana. The zip code is 46947. Serious inquiries are encouraged.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 17,060 SF
Lot 0.8 ac (34,959 SF)
APN 09-17-44-220-001.000-010
UPID US31-1744800
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ATM Atm
  • Gothra's Neighborhood Market Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Trustees Logansport In LLC · 15 yrs held
Trustees Logansport In LLC
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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