1255 Engle St Huntington, IN 46750
- Office Properties & Spaces
- 11,770 SF
- 3.27 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1255 Engle St
- Year built
- 1976
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.27 lot acres
- Property size
- 11,770 SF
- Property type
- Office Properties & Spaces
- APN
- 35-05-22-100-468.700-005
- APU
- 350522100468700005
Description
This exceptional 3.27-acre commercial property at 1255 Engle Street in Huntington, Indiana, presents a unique investment opportunity. Priced at $325,000, the building offers significant flexibility for a variety of uses. Its adaptable layout allows for zoning into multiple rental units or distinct commercial spaces, catering to diverse business needs. The property features convenient ADA-accessible entry to the lower level, ensuring inclusivity and compliance. A comprehensive sprinkler system is installed throughout, providing essential fire safety protection. The substantial lot size offers considerable potential for future expansion, allowing for significant growth and development. This property is ideally suited for entrepreneurs seeking a versatile space to establish or expand their business, or investors looking for a strong return on investment. The combination of its adaptable design, prime location in Huntington, and expansive lot size makes this a truly exceptional commercial offering. The building's zoning and potential uses should be verified independently. Serious inquiries are encouraged to explore the possibilities this property presents.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $165,000
- 6.5%
- $170,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $150,000
- Geo Method
- $150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $140,000
- Mixed-Use
- $160,000
- Hospitality
- $150,000
- Educational
- $155,000
- Residential Income
- $150,000
- Energy
- $155,000
- Income-Based Land
- $165,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Huntington
- County
- Huntington
- State
- Indiana
- Longitude
- -85.4963
- Latitude
- 40.8687
- CBSA code
- 26540
- CBSA name
- HUNTINGTON, IN MICROPOLITAN STATISTICAL AREA