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    1171 Tipton St Seymour, IN 47274

    Sponsored
    For Lease
    $15 SF/Yr ($18,632 /Mo)

    High-traffic retail strip center, 2 spaces available.

    Lot size:
    14,906 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This Class A, 14,906 square foot retail strip center, built in 2002, is located at 1171 W Tipton St, Seymour, IN 47274, at the signalized intersection of US Highway 50 (Tipton Street) and Community Drive. The property sits on 1.28 acres and boasts 50 parking spaces. Currently, two spaces are available, ranging from 1,050 to 2,495 square feet, with a minimum divisible space of 2,495 square feet. One available inline space is 1,620 square feet (Suite I). The center features eight suites in total and benefits from a high traffic count of 15,822 ADT (INDOT). Strong co-tenancy includes Subway, Great Clips, Schrink Audiology, H&R Block, Adaptive Health Care, M&Y Massage, and Seymour Pediatrics, with adjacency to a Kroger dba Jay-C Foods grocery and convenience gas station. The C-3 zoning allows for retail, restaurants, and minor medical uses. This prime location offers excellent visibility and accessibility, making it an ideal investment opportunity. The property features a total of 50 parking spaces and is easily accessible from a major highway. The property's APN is 36-66-19-201-006.001-009.

    Property Features for 1171 Tipton St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,906 SF
    Class
    A
    Total Rate
    18632.5

    Building Details

    Year Built
    2002

    Unit(s) available at that property

    Space
    Suite J
    Size
    1,050 SF
    Rate per SF
    $15
    Space
    Suite L
    Size
    1,620 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    TherapyWorks Occupational Therapist Subway Sandwich Shop Dr. Courtney B. ... Pediatrician Seymour Pediatrics Pediatrician Jalbonski Adam MD Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Seymour
    County
    Jackson
    State
    Indiana
    Longitude
    -85.9019249
    Latitude
    38.9521861

    Nearby Comparable

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    Nearby Similar for Lease

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      Office Space For Lease

      Office space for lease in high visibility area.
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      Industrial Shop Area For Rent

      Heated and air-conditioned industrial shop space with overhead door.
      318 Myers St, Seymour, IN 47274
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      3,500 SF

      Retail Space in Village Center

      Retail space available in a well-located village center.
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    • Contact for pricing
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      Retail Space on Main Corridor

      Retail property located on a main retail corridor.
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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail strip center, 2 spaces available.
    Where is this neighborhood center located?
    The property is located at 1171 Tipton St Seymour, IN.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    Request Owner's contact information
    1171 Tipton St Seymour, IN 47274
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    Seymour, IN 47274
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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
    1171 Tipton St Seymour, IN 47274
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