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OFF-MARKET
Mixed-use properties

0 In-327 Orland, IN 46776

Property ID
Property summary
AI-generated overview

This exceptional mixed-use investment opportunity in Orland, Indiana, presents a unique chance to acquire three parcels totaling two residential homes and a barn. Located at IN-327, 46776, this property boasts a prime location in Steuben County, offering both business and residential zoning flexibility. The property's strategic location provides excellent visibility and accessibility. One of the homes is currently generating rental income of $400 per month, with the tenant expressing interest in continuing their lease. This provides immediate cash flow and potential for future rental growth. The presence of a barn adds further versatility, potentially suitable for storage, workshops, or other supplementary uses. The combined residential and commercial zoning allows for a wide range of development possibilities, catering to diverse business and residential needs. With its attractive asking price of $224,900, this property represents a compelling investment prospect for those seeking a blend of immediate income and long-term growth potential in a thriving Indiana community. The latitude and longitude coordinates are 41.7028183 and -85.171007 respectively.

Property profile
Verified
Property type Mixed-use properties
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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