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    539-541 N Line St Columbia City, IN 46725

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    For Lease
    $12 SF/Yr ($2,567 /Mo)

    Retail space for lease near US-30 in Columbia City.

    Property size:
    2,567 SF
    Lot size:
    4.06 Acres

    Property Features for 539-541 N Line St

    General Information

    Size
    2,567 SF
    Lot size
    4.06 Acres

    Source: Bradley Company | Fort Wayne Agent Stanley C. Phillips

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near US-30

    This retail space, totaling 2,567 square feet, is located adjacent to U.S. 30/Line St. at a signalized intersection. The property is shadow-anchored by Walgreens and features pylon signage available along U.S. 30. The center is currently under renovation with many upgrades. A new ALDI Foods opened in January 2022. The location is suitable for a home improvement business and businesses that complement Aldi Foods. The property is located 14 miles west of the new Amazon warehouse and Sweetwater Sound.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia City
    County
    Whitley
    State
    Indiana
    Longitude
    -85.493217
    Latitude
    41.167984

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    FAQs

    What type of property is this?
    Strip mall - Retail space for lease near US-30 in Columbia City.
    Where is this strip mall located?
    The property is located at 539-541 N Line St Columbia City, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Shadow-anchored by Walgreens and adjacent to ALDI Foods (opened January 2022).; - Adjacent to U.S. 30/Line St. at a signalized intersection.; - Pylon signage available along U.S. 30.
    (260) 466-5950
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    539-541 N Line St Columbia City, IN 46725
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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
    539-541 N Line St Columbia City, IN 46725
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