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    3291 16Th St Bedford, IN 47421

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    For Lease
    Contact for pricing

    Retail space in high-traffic area, excellent visibility.

    Property size:
    1,122 SF
    Lot size:
    7.17 Acres

    Property Features for 3291 16Th St

    General Information

    Size
    1,122 SF
    Lot size
    7.17 Acres

    Source: Regency Properties Agent Jennifer Tabor

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

    Overview

    Retail Space with High Visibility

    This retail space is situated at the heart of the retail area, just off State Road 37 on 16th Street (Highway 50), offering excellent visibility. The location benefits from a traffic count of 22,519. The property has a size of 1,122 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.517167
    Latitude
    38.861006

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    FAQs

    What type of property is this?
    Retail space - Retail space in high-traffic area, excellent visibility.
    Where is this retail space located?
    The property is located at 3291 16Th St Bedford, IN.
    What are key features of this property?
    This property features: - Excellent visibility from 16th St. (Hwy 50); - High traffic count of 22,519; - Located just off SR37
    (812) 424-9200
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    Bedford, IN 47421
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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
    3291 16Th St Bedford, IN 47421
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