Us Hwy 41Morocco, IN 47963

  • Commercial real estate
  • 2,280 SF
Off market
$7,714,430 Estimated

Property Details for Us Hwy 41

Year built
1960
Construction
WOOD
Lot size
0.77 AC
Property size (Sq ft)
2,280 SF
Property type
Commercial real estate
APN
56-10-22-400-020.000-001
APU
561022400020000001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $830,424
    6.5%
    $766,545
    7%
    $711,792
  • Comparable approach

    Method
    Valuation
    Relative Method
    $296,970
    Geo Method
    $296,970
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,547,340
    Retail / Commercial
    $785,992
    Mixed-Use / Specialty
    $777,299
    Hospitality / Lodging
    $562,610
    Office
    $766,545
    Institutional / Educational
    $805,972
    Residential Income
    $942,987
    Multifamily
    $1,163,630
    Automotive / Energy
    $690,833
    Parking / Income-Based Land
    $244,218
    Restaurant / Food Service
    $391,706
    Healthcare / Senior Housing
    $803,147

Location Insight

City
Morocco
County
Newton
State
Indiana
Latitude
40.942
Longitude
-87.4348
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
$848
$24,600
$18,400
$43,000
-
$24,600
$18,400
$43,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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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.
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