You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

1651 Wayne St Angola, IN 46703

OFF-MARKET Neighborhood centers Google Maps
32,416 SF 4.09 ac lot Built 1991
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Angola Square Shopping Center offers two exceptional retail spaces totaling 7,000 square feet of vacant space within a larger 32,416 square foot strip center. Located on a 4.019-acre lot at a high-traffic intersection with excellent visibility, this property boasts 140 parking spaces and benefits from its position between Rural King and Hobby Lobby, drawing significant traffic from the surrounding area, including nearby lakes. The center experiences 19,475 vehicles per day and is situated along the main retail corridor. The property is surrounded by a variety of national and regional restaurant chains, including Pizza Hut, Taco Bell, Bob Evans, Dairy Queen, McDonald's, and Arby's, creating a strong synergy and high foot traffic. One available space is 1,600 square feet and is in white box condition. The second space is 5,400 square feet, previously used as a clothing/retail store with existing changing rooms, but can be delivered in white box condition as needed. Both spaces feature new rooftop units. The entire center comprises 12 suites, with a minimum divisible space of 5,300 square feet and a maximum contiguous space of 8,000 square feet. Built in 1991, this single-story building is zoned C-2 and features a convenient cross street access via North Wayne Street. The property's APN is 76-06-23-210-117.000-01. This is a prime opportunity for retailers seeking high visibility and strong traffic in a well-established retail center.

Property profile

Verified
Property type Neighborhood centers
Year built 1991
Total area 32,416 SF
Lot 4.09 ac (178,160 SF)

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1651 Wayne St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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