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Property profile & analytics
FOR SALE
Automotive properties

360 Eyster Dr Angola, IN 46703

4,096 SF 0.75 ac lot Built 1984
Individually Owned Free & Clear
Property ID
US31-2313371
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in a rapidly developing area just north of Angola, Indiana. Boasting a highly desirable location directly across from major retailers Menards and Kohls, this property ensures significant visibility and accessibility for any business. The building itself combines residential and commercial spaces, offering versatility and potential for diverse uses. The commercial area comprises a spacious 40x64 foot shop, ideal for a variety of retail or service-based businesses. An additional 12x12 foot office provides dedicated workspace, perfect for administrative tasks or client meetings. A convenient half-bath is included within the shop area. The residential portion of the building measures 24x64 feet, offering further potential for rental income or owner occupancy. The property sits on a substantial 2.74-acre lot, providing ample space for expansion, future development, or outdoor storage. With its strategic location, versatile layout, and significant lot size, this property represents a compelling investment opportunity with strong potential for growth and return. The asking price is $399,900. This is a rare chance to acquire a well-positioned commercial property in a thriving Indiana market. Don't miss this chance to secure your future in a prime commercial location.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1984
Construction WOOD
Total area 4,096 SF
Lot 0.75 ac (32,670 SF)
APN 76-06-11-000-024.000-012
UPID US31-2313371
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
DANNY D EYSTER
DANNY D EYSTER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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