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    Property profile & analytics

    908 Main St Peru, IN 46970-1741

    • Turn key restaurants
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Last Sale
    Oct 12, 2020
    $425,000
    Location Intelligence
    Property ID
    US31-2036867
    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

    • Pizza Hut / Pizza Takeout / Pizza Delivery

    Property Details for 908 Main St

    Year built
    1976
    Lot size
    0.75 lot acres
    Property type
    Turn key restaurants
    APN
    52-08-32-100-014.010-016
    APU
    520832100014010016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $400,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $375,000
      Mixed-Use
      $455,000
      Hospitality
      $380,000
      Educational
      $345,000
      Residential Income
      $425,000
      Energy
      $390,000
      Income-Based Land
      $335,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    Miami
    State
    Indiana
    Longitude
    -86.0944
    Latitude
    40.7452
    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
    $12,186
    $139,900
    $266,300
    $406,200
    -
    $139,900
    $266,300
    $406,200

    Comparable in this City

    • Value Estimation
      $360,000
      2,896 SF

      497 Broadway

      RESTAURANT • 2,896 SF
      497 Broadway, Peru, IN 46970-1487
      View Details
    • Value Estimation
      $310,000
      0.83 Acres

      850 Broadway

      RESTAURANT • 0.83 Acres
      850 Broadway, Peru, IN 46970-1024
      View Details
    • Value Estimation
      $355,000
      8,874 SF

      56 Grant St

      RESTAURANT • 8,874 SF
      56 Grant St, Peru, IN 46970-1907
      View Details
    • Value Estimation
      $315,000
      4,730 SF

      14 8th St

      RESTAURANT • 4,730 SF
      14 8th St, Peru, IN 46970-2365
      View Details
    • Value Estimation
      $300,000
      1,224 SF

      171 Broadway

      RESTAURANT • 1,224 SF
      171 Broadway, Peru, IN 46970-2233
      View Details
    • Value Estimation
      $365,000
      4,040 SF

      301 Broadway

      RESTAURANT • 4,040 SF
      301 Broadway, Peru, IN 46970-1451
      View Details

    Similar Nearby for Sale

    • $595,000
      7,944 SF

      Prime Peru Convenience Store

      High-traffic corner location, 7,944 SF
      291 Main St, Peru, IN 46970
      View Details
    • $500,000
      0.68 Acres

      Prime Peru Retail Investment

      High-return retail property in Peru, IN.
      179 Miami St, Peru, IN 46970
      View Details
    • $500,000
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      Prime Peru Commercial Investment

      High-return commercial property in Peru, IN.
      179 Miami St, Peru, IN 46970
      View Details
    • $795,000
      12.13 Acres

      Prime Peru Commercial Land

      12 Acres, US 24 Frontage
      Old Key Dr, Peru, IN 46970
      View Details
    • Contact for pricing
      6,308 SF

      Freestanding Medical Office Building

      6,308 SF medical office near Dukes Memorial Hospital.
      1692 W Logansport Rd, Peru, IN 46970
      View Details
    • Contact for pricing
      1.00 Acres

      Residential Lot in Hidden Hills

      One-acre residential lot in the Hidden Hills community.
      94 Gln Cv Dr, Peru, IN 46970
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    Similar Nearby for Lease

    • $6 SF/Yr
      100,677 SF

      North Broadway Retail Center

      Peru, IN: Prime Retail Space Available
      760 Broadway St, Peru, IN 46970
      View Details
    • $18 SF/Yr
      2,350 SF

      Medical/Office Space Near Downtown Peru

      Single-tenant medical/office property in the heart of Peru.
      1 Logan St, Peru, IN 46970
      View Details
    • $5,000 /Mo

      Commercial Land for Lease

      0.629 acre commercial land available for ground lease.
      912 W Main St, Peru, IN 46970
      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      2.5k
    • Avg Time on site
      24 min
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    Peru, IN 46970-1741
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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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