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    Property profile & analytics

    940 Wayne Ave Indiana, PA 15701-2949

    • Drive through restaurants
    • 4,326 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-4586012
    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

    • McDonald's / Fast Food Restaurant / Breakfast Restaurant
    • ATM / Atm

    Property Details for 940 Wayne Ave

    Year built
    2010
    Lot size
    1.00 lot acres
    Property size
    4,326 SF
    Property type
    Drive through restaurants
    APN
    24-005-621
    APU
    24005621

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indiana
    County
    Indiana
    State
    Pennsylvania
    Longitude
    -79.1564
    Latitude
    40.6152
    CBSA code
    26860
    CBSA name
    INDIANA, PA 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
    $38,832
    $436,500
    $1,032,900
    $1,469,400
    -
    $436,500
    $1,032,900
    $1,469,400

    Comparable in this City

    • Value Estimation
      $180,000
      1,144 SF

      2045 6th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,144 SF
      2045 6th St, Indiana, PA 15701-6012
      View Details
    • Value Estimation
      $515,000
      4,780 SF

      320 324th S 7th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,780 SF
      320 324th S 7th St, Indiana, PA 15701
      View Details
    • Value Estimation
      $940,000
      1,346 SF

      1994 Oakland Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,346 SF
      1994 Oakland Ave, Indiana, PA 15701-3380
      View Details
    • Value Estimation
      $595,000
      2,300 SF

      1106 Oakland Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,300 SF
      1106 Oakland Ave, Indiana, PA 15701-2827
      View Details
    • Value Estimation by Request
      7,926 SF

      2920 Oakland Ave

      Restaurants • 7,926 SF
      2920 Oakland Ave, Indiana, PA 15701
      View Details
    • Value Estimation by Request
      3,840 SF

      1871 Oakland Ave

      RESTAURANT • 3,840 SF
      1871 Oakland Ave, Indiana, PA 15701-3304
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,118 SF

      Freestanding Building with Drive-Thru

      Freestanding building with drive-thru near Indiana University of Pennsylvania.
      375 Philadelphia St, Indiana, PA 15701
      View Details
    • $2,727,273
      7,926 SF

      New Texas Roadhouse Investment Property

      Newly built, corporate guaranteed Texas Roadhouse investment property for sale.
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    • $2,913,000
      7,926 SF

      Texas Roadhouse Investment Opportunity

      NNN Leased Fee, Strong Tenant, High ROI
      2920 Oakland Ave, Indiana, PA 15701
      View Details
    • $11,000,000

      IUP Student Housing Opportunity

      Student housing complex near Indiana University of Pennsylvania for sale.
      1156 Grant St, Indiana, PA 15701
      View Details
    • $998,500

      Downtown Indiana Retail Space

      Prime Retail/Office Space, 12,000 sq ft.
      9 7Th St, Indiana, PA 15701
      View Details
    • $349,900
      0.28 Acres

      Indiana Boro Retail Space Available

      Retail space in Indiana Boro with existing leases.
      701 Philadelphia St, Indiana, PA 15701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      659 Philadelphia St

      BEST LOCATION IN TOWN
      659 Philadelphia St, Indiana, PA 15701
      View Details
    • Contact for pricing
      566,688 SF

      Indiana Mall: Retail Space Available

      Prime Retail Space, Multiple Units Available
      2334 Oakland Ave, Indiana, PA 15701
      View Details
    • Contact for pricing
      6,012 SF

      Prime Indiana Retail Space

      6,012 SF Free-Standing Building
      1235 Oakland Ave, Indiana, PA 15701
      View Details
    • $998,500
      12,000 SF

      Prime Indiana Office/Retail Space

      12,000 SF office/retail space with downtown views for sale.
      699 Philadelphia St, Indiana, PA 15701
      View Details
    • Contact for pricing
      4,485 SF

      Prime Indiana Retail Space

      Free-standing retail building, 4,485 sq ft
      768 Wayne Ave, Indiana, PA 15701
      View Details
    • $24 SF/Yr
      8,899 SF

      Indiana Gateway Shoppes: Retail Opportunity

      Downtown Indiana Retail Space Available
      405 Philadelphia St, Indiana, PA 15701
      View Details

    Property Visit Statistics

    • Visits by month
      50.2k
    • Visitors by month
      24.0k
    • Avg Time on site
      11 min
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    940 Wayne Ave
    Indiana, PA 15701-2949
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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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