Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tbd Golden Lk Rd Angola, IN 46703
    Back to Search
    Property profile & analytics

    Tbd Golden Lk Rd Angola, IN 46703

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tbd Golden Lk Rd

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1M dollar industrial land opportunity in Angola, Indiana, presents a unique investment prospect. Located on TBD Golden Lake Road, this property boasts convenient access to city utilities, making it ideal for immediate development. Its strategic location directly across from a truck station ensures excellent logistical advantages for businesses requiring efficient transportation links. The property's zoning allows for subdivision, offering flexibility for various development plans and potential for multiple buyers. This presents a significant advantage for investors seeking to maximize their return on investment. Furthermore, the potential acquisition of an additional 80 acres of adjacent land presents a compelling opportunity for expansion or future development. The property is served by the MSD of Steuben County, ensuring reliable municipal services. This prime industrial land parcel in Angola, IN, zip code 46703, presents a rare chance to establish a thriving business or build a substantial portfolio. The coordinates are 41.6323583 latitude and -85.0025539 longitude. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -85.0026
    Latitude
    41.6324

    Comparable in this City

    • Value Estimation by Request
      5.05 Acres

      Wohlert St

      Land • 5.05 Acres
      0 Wohlert St, Angola, IN 46703
      View Details
    • Value Estimation by Request
      42.00 Acres

      Old Us Highway 27

      Land • 42.00 Acres
      0 Old Us Highway 27, Angola, IN 46703
      View Details
    • Value Estimation by Request

      Gerald Lett Ave

      Land
      0 Gerald Lett Ave, Angola, IN 46703
      View Details
    • Value Estimation by Request

      Tbd Gerald Lett

      Land
      0 Tbd Gerald Lett, Angola, IN 46703
      View Details
    • Value Estimation by Request
      4,560 SF

      203 Harcourt Rd

      INDUSTRIAL (GENERAL) • 4,560 SF
      203 Harcourt Rd, Angola, IN 46703-9418
      View Details
    • Value Estimation
      $570,000
      46,000 SF

      1211 Wohlert St

      INDUSTRIAL (GENERAL) • 46,000 SF
      1211 Wohlert St, Angola, IN 46703-1058
      View Details

    Similar Nearby for Sale

    • $299,900
      1.20 Acres

      Angola Commercial Land - $299,900

      High-traffic Angola land, ideal for development.
      3095 Wayne St, Angola, IN 46703
      View Details
    • Contact for pricing

      Lake James Buildable Land Parcels

      Buildable lots near Lake James, ranging from 0.36 to 1.50 acres.
      300 N Ln W, Angola, IN 46703
      View Details
    • Contact for pricing
      2,880 SF

      Mixed-Use Building With Warehouse Space

      2880 SF mixed-use building featuring offices and warehouse space.
      207 W Harcourt Rd, Angola, IN 46703
      View Details
    • $299,900
      2,880 SF

      Mixed-Use Building in Angola, Indiana

      2880 SF mixed-use building with offices and warehouse space.
      207 W Harcourt Rd, Angola, IN 46703
      View Details
    • $3,511,000
      154,080 SF

      Industrial Investment Opportunity

      Passive income stream with long-term lease and credit backing.
      914 Wohlert St, Angola, IN 46703
      View Details
    • $348,800
      3,610 SF

      Mixed-Use Building in Angola, Indiana

      3610 sq ft mixed-use building with offices and drive-thru.
      1800 Wohlert St, Angola, IN 46703
      View Details

    Similar Nearby for Lease

    • $16,438 /Mo
      17,280 SF

      Angola Industrial Warehouse with Loading

      Industrial warehouse space available for sublease in Angola, Indiana.
      300 Industrial Dr St, Angola, IN 46703
      View Details
    • Contact for pricing
      48,330 SF

      Angola Warehouse Space Available

      48,330 SF warehouse space for lease in Angola, Indiana.
      701 W Mill St, Angola, IN 46703
      View Details
    • Contact for pricing

      Retail Center Near Major Anchors

      26,450 SF retail center with high visibility and access.
      3308 N Wayne St, Angola, IN 46703
      View Details
    • Contact for pricing

      Country Fair Plaza Retail Space

      Premier shopping destination in Angola, Indiana with strong anchor tenants.
      1801 N Wayne St, Angola, IN 46703
      View Details
    • $500 /Mo
      450 SF

      Office Space in Angola, Indiana

      Office space available in a high-traffic, visible location.
      603 N Wayne Ste 1B St, Angola, IN 46703
      View Details
    • Contact for pricing

      Retail/Office Building Near I-69

      Multi-tenant building with retail and office spaces, I-69 access.
      202 E Harcourt Rd, Angola, IN 46703
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tbd Golden Lk Rd
    Angola, IN 46703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Tbd Golden Lk Rd, Angola, IN, 46703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!