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    7826 In-28 Elwood, IN 46036

    Sponsored
    For Lease
    Contact for pricing

    4,000 SF Retail Building, Ample Parking

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,000 square foot retail storefront in Elwood, Indiana, presents a remarkable opportunity for businesses seeking high visibility and convenient access. Situated on 0.68 acres of land at 7826 West State Road 28, this single-tenant building boasts a modern design with high ceilings and abundant natural light, creating an inviting atmosphere for customers and employees. The property features expansive, open layouts adaptable to various retail or business needs. Ample parking is provided with 40 spaces, ensuring convenient access for patrons. Its strategic location on a major road guarantees excellent visibility and accessibility. The property's proximity to key transportation routes and a robust consumer base makes it an ideal location for businesses aiming to establish a strong presence in the Elwood market. The entire 4,000 square feet is currently vacant, offering immediate occupancy for prospective tenants. This property is zoned for retail use and offers a significant opportunity for growth and success. The zip code is 46036.

    Property Features for 7826 In-28

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF

    Unit(s) available at that property

    Space
    Availabel Space
    Size
    4,000 SF

    HighLights

    • 4,000 SF retail storefront in Elwood, IN, on 0.68 acres.
    • Ample parking with 40 spaces.
    • High visibility from West State Road 28.
    • Ideal for various retail or business uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Map

    City
    Elwood
    County
    Madison
    State
    Indiana
    Longitude
    -85.8195443
    Latitude
    40.2774545

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    Nearby Similar for Lease

    • $14 SF/Yr
      4,020 SF

      Elwood Retail Space Available

      Retail property available for lease in Elwood, Indiana.
      1515 S State Road 37, Elwood, IN 46036
      View Details
    • $35 SF/Yr
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      Prime Elwood location, versatile office & flex space.
      1600 A St, Elwood, IN 46036
      View Details
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      Retail space with easy access and strong visibility available for rent.
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    • $12 SF/Yr
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      Park Plaza Shopping Center Office

      Office space available in Park Plaza Shopping Center.
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      View Details
    • $7,500 /Mo
      8,000 SF

      Elwood Warehouse Space Available

      8,000 SF warehouse space for lease in Elwood, Indiana.
      2635 S F St, Elwood, IN 46036
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 4,000 SF Retail Building, Ample Parking
    Where is this individual retail property located?
    The property is located at 7826 In-28 Elwood, IN.
    What are key features of this property?
    This property features: 4,000 SF retail storefront in Elwood, IN, on 0.68 acres.; Ample parking with 40 spaces.; High visibility from West State Road 28.
    Request Owner's contact information
    7826 In-28 Elwood, IN 46036
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    Elwood, IN 46036
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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
    7826 In-28 Elwood, IN 46036
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