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    Walker Way Columbia City, IN 46725

    For Sale
    $260,000

    High-traffic Starbucks outlot, 0.43 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.43-acre commercial land parcel presents a unique investment opportunity in Columbia City, Indiana. Strategically located at a busy, signalized intersection boasting over 36,022 vehicles per day (VPD), this property offers unparalleled visibility and accessibility. The site benefits from a strong co-tenancy lineup, including established businesses such as Starbucks, CVS, Verizon, and Jimmy John's, ensuring high foot traffic and brand synergy. Cross-access and cross-parking arrangements with Starbucks further enhance convenience for customers and employees. Situated in Whitley County, this prime location is ideally positioned just 20 miles east of Warsaw and 20 miles west of Fort Wayne, providing access to a combined population exceeding 35,000 residents. The property's high visibility, excellent co-tenancy, and strategic location make it an ideal site for a variety of commercial ventures. The asking price for this exceptional opportunity is $260,000. Don't miss this chance to secure a thriving commercial property in a rapidly growing area. The address is W Walker Way, Columbia City, IN 46725.

    Property Features for 0 Walker Way

    General Information

    Property type
    Land
    Lot Size
    18,731 SF

    HighLights

    • $260,000 asking price for 0.43‑acre commercial land parcel.
    • Located in Columbia City, IN, at a busy intersection with over 36,022 vehicles per day.
    • Co‑tenancy with Starbucks, CVS, Verizon, and Jimmy John's, featuring cross‑access and cross‑parking with Starbucks.
    • Situated 20 miles east of Warsaw and 20 miles west of Fort Wayne, in a city with a population of 35,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbia City
    County
    Whitley
    State
    Indiana
    Longitude
    -85.4891107
    Latitude
    41.1680911

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    FAQs

    What type of property is this?
    Land - High-traffic Starbucks outlot, 0.43 acres.
    Where is this land located?
    The property is located at Walker Way Columbia City, IN.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: $260,000 asking price for 0.43-acre commercial land parcel.; Located in Columbia City, IN, at a busy intersection with over 36,022 vehicles per day.; Co-tenancy with Starbucks, CVS, Verizon, and Jimmy John's, featuring cross-access and cross-parking with Starbucks.
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    Walker Way Columbia City, IN 46725
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    Columbia City, IN 46725
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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
    Walker Way Columbia City, IN 46725
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