3095 Wayne StAngola, IN 46703

Property Details for 3095 Wayne St

Year built

2020

Construction

TYPE NOT SPECIFIED

Lot size

7.53 AC

Property size (Sq ft)

3,600 SF

Property type

Retail properties

Property subtype

Auto shops

APN

76-06-11-000-030.000-012

APU

760611000030000012

Description

This 1.2-acre commercial lot, located at 3095 N Wayne St, Angola, IN 46703 (APN: 76-06-11-000-030.000-012), presents a prime development opportunity in a thriving retail corridor. Boasting over 120 feet of frontage, this C-2 zoned property sits between two lighted intersections, providing exceptional visibility and accessibility. The land is situated adjacent to major retailers including Menards, Kohl's, Meijer, and Starbucks, ensuring high daily traffic counts. Its location between two golf courses and surrounded by affluent, rapidly growing residential neighborhoods offers a strong demographic profile. The proximity to a major industrial park, employing a significant portion of Angola's residents, further enhances its appeal. All utilities are available on-site. The C-2 zoning allows for a wide range of uses, including medium to large retail, commercial, service, entertainment, and food establishments. This exceptional location offers significant potential for investors seeking high-return development projects. While the current offering is 1.2 acres, the possibility of acquiring additional adjacent land exists. The land value is $3.82 per square foot. This property is an excellent investment opportunity in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $995,325

  6.5%

  $918,761

  7%

  $853,135

• Comparable approach

  Method

  Valuation

  Relative Method

  $178,628

  Geo Method

  $178,628

• Alternative Use

  Use

  Valuation

  Residential

  $775,009

  Hospitality

  $709,904

  Educational

  $590,632

  Medical

  $610,945

  Retail

  $918,761

Location Insight

City

Angola

County

Steuben

State

Indiana

Latitude

41.6734

Longitude

-85.0012

CBSA code

11420

CBSA name

ANGOLA, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.