2134 Us Hwy 20Michigan City, IN 46360

  • Turn key restaurants
  • 6,700 SF
Off market
$13,595,530 Estimated

Property Details for 2134 Us Hwy 20

Year built
1968
Construction
WOOD
Lot size
1.36 AC
Property size (Sq ft)
6,700 SF
Property type
Turn key restaurants
APN
46-05-02-151-013.000-010
APU
460502151013000010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,165,188
    6.5%
    $2,921,712
    7%
    $2,713,018
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,199,141
    Geo Method
    $2,199,141
  • Alternative Use

    Use
    Valuation
    Residential
    $2,464,573
    Hospitality
    $2,257,536
    Educational
    $1,878,243
    Medical
    $1,942,839
    Retail
    $2,921,712

Location Insight

City
Michigan City
County
Laporte
State
Indiana
Latitude
41.6878
Longitude
-86.8502
CBSA code
33140
CBSA name
MICHIGAN CITY-LA PORTE, IN METROPOLITAN 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
$5,753
$68,600
$159,000
$227,600
-
$68,600
$159,000
$227,600

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].