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Property profile & analytics
OFF-MARKET
Lifestyle centers

3550 Two Mile House Rd Columbus, IN 47201

10,800 SF 3.37 ac lot Built 1982
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,800-square-foot, Class B shopping center in Columbus, Indiana. Built in 1982, this multi-tenant property boasts a 100% occupancy rate with a diverse and stable tenant mix. Key tenants include Marco's Pizza, Ireland Home Services, Doggett Financial Services, Columbus Counseling Partners, and Comb Together (Hair Salon). Strategically located on State Road 46, the center enjoys high visibility and convenient access, with close proximity to major retailers like Walmart and Interstate 65, as well as numerous restaurants and banking institutions. The 3.37-acre parcel is part of a condo association, providing shared responsibility for common areas. Ample parking is available with 40 spaces designated for customers and staff. The property is zoned for Commercial Regional use. The asking price for this well-maintained, income-producing asset is $1,200,000, offering a strong net operating income (NOI) of $85,084. This presents a compelling opportunity for investors seeking a stable, high-performing retail investment in a desirable location. The property consists of one building.

Property profile
Verified
Property type Lifestyle centers
Year built 1982
Total area 10,800 SF
Lot 3.37 ac (146,797 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tuttle Julie L MD Physician
  • Financial Healthcare Resources Inc. Employment Agency
  • Jobeth Johnson Foster Care Service Social Service Agency
  • Jcdinvestments Financial Advisor
  • Columbus Counseling Partners, LLC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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