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    2312 State Road 14 Rochester, IN 46975

    Sponsored
    For Lease
    $6 SF/Yr ($14,000 /Mo)

    High-traffic retail space, multiple suites available.

    Lot size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 28,000 square foot retail center in Rochester, Indiana, presents a unique investment opportunity. Located at 2312 E State Rd 14, 46975, the property offers a variety of spaces suitable for diverse businesses. Currently, six suites are available, with a total of 10,500 square feet of vacant space. The minimum leasable space is 1,250 square feet, while the maximum contiguous space available is 8,000 square feet. The building is classified as Retail, Office, and Special Purpose, accommodating Traditional Office, Executive Office, Medical Office, and Grocery Store uses. Ample parking is available for tenants and customers. The property boasts high visibility and accessibility due to its prime location. There are no elevators in this single-story building. This versatile property is ideal for investors seeking a strong return on investment in a thriving Indiana market. The flexible suite sizes cater to a wide range of business needs, making it an attractive option for both established businesses and startups. Contact us today to learn more about this exceptional opportunity.

    Property Features for 2312 State Road 14

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,000 SF
    Total Rate
    14000

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    8,000 SF
    Rate per SF
    $6
    Space
    Available Space 4
    Size
    1,250 SF

    HighLights

    • Prime Indiana State Route 14 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Fulton
    State
    Indiana
    Longitude
    -86.182886
    Latitude
    41.063145

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    Nearby Similar for Lease

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      Blacketor Commons: Light Industrial Space

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, multiple suites available.
    Where is this individual retail property located?
    The property is located at 2312 State Road 14 Rochester, IN.
    What is the lease rate?
    The lease rate is $0.00-$6 SF/Yr.
    What are key features of this property?
    This property features: Prime Indiana State Route 14 frontage.; ;
    Request Owner's contact information
    2312 State Road 14 Rochester, IN 46975
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    Rochester, IN 46975
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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
    2312 State Road 14 Rochester, IN 46975
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