Property profile

640 W 400 North Fremont, IN 46737

FOR SALE
Retail properties & Spaces
Property ID
US31-Q002956
2,160 SF
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Property summary

AI-generated overview

Introducing a prime retail investment opportunity in Fremont, IN. This 2,160 SF building, nestled on 3.75 acres of land and zoned AB - Accommodation Business District, offers a multitude of possibilities for the savvy investor. Boasting a location visible from and along I-69 with a traffic count of over 65,000+ vehicles per day, this property presents an ideal setting for a convenience store, hotel, restaurant, or bank branch. Currently housing a miniature golf business, the site holds potential for retail land development, making it a strategic choice for retail and street retail investors seeking a high-traffic, versatile property. Built in 1996, this property is primed for the next chapter in its successful retail story.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,160 SF
UPID US31-Q002956

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

640 W 400 North Fremont, IN 46737
Fremont metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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