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    In-327 Orland, IN 46776

    For Sale
    $224,900

    Three parcels, two homes, one barn. High rental income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional mixed-use investment opportunity in Orland, Indiana, presents a unique chance to acquire three parcels totaling two residential homes and a barn. Located at IN-327, 46776, this property boasts a prime location in Steuben County, offering both business and residential zoning flexibility. The property's strategic location provides excellent visibility and accessibility. One of the homes is currently generating rental income of $400 per month, with the tenant expressing interest in continuing their lease. This provides immediate cash flow and potential for future rental growth. The presence of a barn adds further versatility, potentially suitable for storage, workshops, or other supplementary uses. The combined residential and commercial zoning allows for a wide range of development possibilities, catering to diverse business and residential needs. With its attractive asking price of $224,900, this property represents a compelling investment prospect for those seeking a blend of immediate income and long-term growth potential in a thriving Indiana community. The latitude and longitude coordinates are 41.7028183 and -85.171007 respectively.

    Property Features for 0 In-327

    General Information

    Property type
    Mixed-use properties

    Building Details

    Units
    3

    HighLights

    • $224,900 asking price.
    • Mixed‑use property with three units.
    • Includes two homes and one barn.
    • One home currently rented for $400/month.
    • Zoned for both business and residential use.
    • Located in Orland, Indiana (46776).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orland
    County
    Steuben
    State
    Indiana
    Longitude
    -85.171007
    Latitude
    41.7028183

    Nearby Comparable

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      Retail Property in Orland, Indiana

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    Nearby Similar for Sale

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      Retail Property in Orland, Indiana

      Retail property for sale in Orland, Indiana.
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    FAQs

    What type of property is this?
    Mixed-use property - Three parcels, two homes, one barn. High rental income potential.
    Where is this mixed-use property located?
    The property is located at In-327 Orland, IN.
    What is the asking price?
    The asking price for this property is $224,900.
    What are key features of this property?
    This property features: $224,900 asking price.; Mixed-use property with three units.; Includes two homes and one barn.
    (260) 665-3151
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    In-327 Orland, IN 46776
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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
    In-327 Orland, IN 46776
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