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    1218 State Road 8 Auburn, IN 46706

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    For Sale
    $2,177,000

    Upgraded 12,480 SF Dollar General Market in Auburn, IN.

    Property size:
    12,480 SF
    Lot size:
    1.41 Acres

    Property Features for 1218 State Road 8

    General Information

    Size
    12,480 SF
    Lot size
    1.41 Acres

    Source: Marcus & Millichap - Atlanta Agent Don McMinn

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

    Overview

    Dollar General Market For Sale

    This property features a 12,480 square foot Dollar General Market that was upgraded in 2024. It is located in Auburn, Indiana, within the Fort Wayne MSA, which is the second largest city in Indiana. The property benefits from its interstate location, which sees a traffic volume of 36,527 vehicles per day. The property is subject to a new 15-year corporate NNN lease with an investment grade tenant.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    DeKalb
    State
    Indiana
    Longitude
    -85.1351
    Latitude
    41.36627

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    FAQs

    What type of property is this?
    Grocery and convenience store - Upgraded 12,480 SF Dollar General Market in Auburn, IN.
    Where is this grocery and convenience store located?
    The property is located at 1218 State Road 8 Auburn, IN.
    What is the asking price?
    The asking price for this property is $2,177,000.
    What are key features of this property?
    This property features: - New 15-Year Corporate NNN Lease; - Investment Grade Tenant; - 2024 Upgraded 12,480 SF Dollar General Market
    (678) 808-2700
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    1218 State Road 8 Auburn, IN 46706
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    Auburn, IN 46706
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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
    1218 State Road 8 Auburn, IN 46706
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