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    6444 Broadway McCordsville, IN 46055

    For Sale
    $450,000

    Vacant Retail Building, High Visibility, 1495 SF

    Property size:
    1,494 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,495-square-foot retail storefront, located at 6444 W Broadway in McCordsville, Indiana, presents a fantastic investment opportunity. Priced at $450,000 ($301.20/sq ft), this fee-simple property boasts a prime location on W. Broadway Street (Pendleton Pike), ensuring high visibility and accessibility. The building, constructed in 1999, is a two-story Class B structure with ample on-site parking. Currently configured as a computer store, the property is vacant and ready for immediate occupancy. The 0.34-acre lot offers existing parking for eight vehicles, with expansion potential to accommodate up to fifteen. Each floor features its own independent HVAC system, providing efficient climate control. The property is zoned for Neighborhood Retail, offering flexibility for a variety of commercial uses. The APN is 30-01-26101-006.001-018. This is a NNN lease type property. Don't miss this chance to acquire a well-located, versatile retail space in a thriving community.

    Property Features for 6444 Broadway

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,494 SF
    Class
    B
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1999
    Stories
    2
    Units
    1

    HighLights

    • 1,495 SF retail storefront in McCordsville, IN, priced at $450,000 ($301.20/SF).
    • Fee‑simple ownership, located on W. Broadway Street (Pendleton Pike) with high visibility.
    • 1999‑built, two‑story Class B building with ample on‑site parking (8 spaces, potential for 15).
    • Vacant and ready for immediate occupancy; previously a computer store.
    • 0.34‑acre lot; zoned for Neighborhood Retail; NNN lease type.
    • Independent HVAC systems on each floor; APN: 30‑01‑26101‑006.001‑018.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McCordsville
    County
    Hancock
    State
    Indiana
    Longitude
    -85.9262793
    Latitude
    39.8929102

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - Vacant Retail Building, High Visibility, 1495 SF
    Where is this individual retail property located?
    The property is located at 6444 Broadway McCordsville, 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: 1,495 SF retail storefront in McCordsville, IN, priced at $450,000 ($301.20/SF).; Fee-simple ownership, located on W. Broadway Street (Pendleton Pike) with high visibility.; 1999-built, two-story Class B building with ample on-site parking (8 spaces, potential for 15).
    Request Owner's contact information
    6444 Broadway McCordsville, IN 46055
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    McCordsville, IN 46055
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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
    6444 Broadway McCordsville, IN 46055
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