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    511 N Wayne St Angola, IN 46703

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    For Sale
    $450,000

    Office building for sale with high traffic volume.

    Property size:
    2,156 SF
    Lot size:
    0.25 Acres

    Property Features for 511 N Wayne St

    General Information

    Size
    2,156 SF
    Lot size
    0.25 Acres

    Source: Sturges Property Group Agent Ian Smith

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

    Overview

    North Wayne Street Office Building

    Located on North Wayne Street, this office building offers a total area of 2,156 square feet. The property benefits from its location approximately 3 miles from I-69. The location experiences traffic counts exceeding 17,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -84.998795
    Latitude
    41.63092

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    FAQs

    What type of property is this?
    Office building - Office building for sale with high traffic volume.
    Where is this office building located?
    The property is located at 511 N Wayne St Angola, IN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Excellent location on North Wayne Street; - Price recently reduced; - Traffic counts exceeding 17,000 VPD
    (260) 424-8448
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    511 N Wayne St Angola, IN 46703
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    Angola, IN 46703
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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
    511 N Wayne St Angola, IN 46703
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