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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1775 Us 421 Delphi, IN 46923

1,344 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Delphi, Indiana, presents a unique investment opportunity. The offering encompasses a 1,344 square foot retail building situated at the intersection of 7th Street and US Highway 421, conveniently located east of the stone quarry. The building itself includes an office, two restrooms, and a 14' x 22' storage shed. Ample parking is provided by an existing asphalt lot. Adding significant value is an adjacent vacant 0.30-acre asphalt lot situated across the highway, offering considerable expansion potential. The property's previous use as a used car lot suggests diverse possibilities for future occupants. Ideal uses could include a car lot, detailing business, car audio installation, trades business, or even a dog grooming facility. The property's strategic location, combined with its existing infrastructure and ample space, makes it an attractive proposition for a variety of commercial ventures. The asking price for this combined property is $259,000. This presents a rare chance to acquire a well-positioned commercial property with significant upside potential in a thriving Indiana community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,344 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
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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