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Property profile & analytics
OFF-MARKET
Office Spaces

400 Erie Pass Auburn, IN 46706

5,336 SF 0.72 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This exceptional 5,336-square-foot freestanding office building presents a compelling investment opportunity in Auburn, Indiana. Located at 400 Erie Pass, this single-story, Class B property boasts a convenient location directly across from Parkview DeKalb Hospital, ensuring high visibility and accessibility. Built in 1972, the building sits on a 0.72-acre lot and is zoned for Institutional use. The property features ample parking with space for approximately 50 vehicles, providing convenient access for employees and clients. Currently vacant, this presents a blank canvas for a new tenant or an opportunity for owner-occupancy. The asking price is $345,000, translating to a price per square foot of $64.66. The property's APN is 17-06-28-378-006.000-025. This is a single-unit building offering 5,336 square feet of net rentable space. Its prime location and substantial parking make it an ideal choice for a variety of businesses seeking a prominent presence in Auburn. The property offers significant potential for a strong return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Year built 1972
Total area 5,336 SF
Lot 0.72 ac (31,363 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
  • Parkview DeKalb Hospital North Annex Dental Office Pharmacy
  • Fort Wayne Medical Oncology and Hematology Auburn Medical Clinic
  • Auburn Cancer Medical Clinic
  • Nephrology Associates of Northern Illinois and Indiana (NANI), Auburn Office Medical Clinic
  • KANAKAPURA VENKATAKRISHNA Physician 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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