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    360 Eyster Dr Angola, IN 46703

    Sponsored
    For Sale
    $399,900

    Prime Angola location, high-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a combined commercial and residential property ideally situated in a rapidly growing commercial zone just north of Angola, Indiana. The property boasts a substantial lot size of 119,354 square feet, offering significant potential for expansion or redevelopment. Currently, the structure comprises a blend of commercial and residential space. The commercial area features a 40x64 foot shop, complemented by a 12x12 foot office and a convenient half-bath. A 24x64 foot residential section is also included. This versatile property benefits from its strategic location directly across from major retailers Menards and Kohls, ensuring high visibility and substantial foot traffic. The asking price is $399,900. This presents a unique chance to acquire a property with existing income potential and significant upside in a thriving Indiana market. The property is zoned for commercial use and offers a rare combination of established business space and residential components. The substantial lot size allows for future development and expansion, catering to a variety of commercial ventures. This is an excellent opportunity for investors seeking a strong return on investment in a prime location. The property is located at 360 Eyster, Angola, IN 46703.

    Property Features for 360 Eyster Dr

    General Information

    Property type
    Land

    HighLights

    • Exceptional investment opportunity: combined commercial & residential property on a large lot (119,354 sq ft) in a rapidly growing Angola, IN commercial zone.
    • Property features a 40x64 ft shop, 12x12 ft office, half‑bath, and a 24x64 ft residential section.
    • High visibility location across from Menards and Kohls, ensuring substantial foot traffic.
    • Asking price: $399,900. Zoned commercial.
    • Significant expansion/redevelopment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -85.0029194
    Latitude
    41.6750006

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    FAQs

    What type of property is this?
    Land - Prime Angola location, high-traffic area.
    Where is this land located?
    The property is located at 360 Eyster Dr Angola, IN.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Exceptional investment opportunity: combined commercial & residential property on a large lot (119,354 sq ft) in a rapidly growing Angola, IN commercial zone.; Property features a 40x64 ft shop, 12x12 ft office, half-bath, and a 24x64 ft residential section.; High visibility location across from Menards and Kohls, ensuring substantial foot traffic.
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    360 Eyster Dr 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
    360 Eyster Dr Angola, IN 46703
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