Property profile

0 7Th St Auburn, IN 46706

OFF-MARKET
Retail properties & Spaces
0.55 ac lot
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Property summary

AI-generated overview

This exceptional 0.549-acre commercial lot is situated in Auburn, Indiana, at the highly visible intersection of W 7th St (SR8) near the I-69 exit. The property is zoned C-2 General Commercial, permitting both retail and office uses. Its strategic location offers unparalleled visibility and accessibility, boasting high traffic counts. The lot benefits from its proximity to established businesses including BP, Handy Dandy, Wendy's, Pizza Hut, McDonald's, Burger King, KFC, and Starbucks, ensuring high foot traffic and brand synergy. Auburn's growing market is further enhanced by the planned expansion of Parkview Hospital, promising continued economic growth and increased demand for commercial properties. An existing on-site sign is grandfathered for continued use, providing immediate marketing opportunities. This is a rare opportunity to acquire a prime commercial lot in a thriving Indiana market, perfectly positioned for immediate development or future investment. The asking price for this exceptional property is $595,000. The property's address is W 7th St, Auburn, IN 46706, within DeKalb County.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.55 ac (23,914 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7Th St Auburn, IN 46706
Auburn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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