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Property profile & analytics
OFF-MARKET
Strip malls

1171 Tipton St Seymour, IN 47274-2793

15,361 SF 1.28 ac lot Built 2003
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1663904
Property summary
AI-generated overview

This Class A, 14,906 square foot retail strip center, built in 2002, is located at 1171 W Tipton St, Seymour, IN 47274, at the signalized intersection of US Highway 50 (Tipton Street) and Community Drive. The property sits on 1.28 acres and boasts 50 parking spaces. Currently, two spaces are available, ranging from 1,050 to 2,495 square feet, with a minimum divisible space of 2,495 square feet. One available inline space is 1,620 square feet (Suite I). The center features eight suites in total and benefits from a high traffic count of 15,822 ADT (INDOT). Strong co-tenancy includes Subway, Great Clips, Schrink Audiology, H&R Block, Adaptive Health Care, M&Y Massage, and Seymour Pediatrics, with adjacency to a Kroger dba Jay-C Foods grocery and convenience gas station. The C-3 zoning allows for retail, restaurants, and minor medical uses. This prime location offers excellent visibility and accessibility, making it an ideal investment opportunity. The property features a total of 50 parking spaces and is easily accessible from a major highway. The property's APN is 36-66-19-201-006.001-009.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Construction TYPE NOT SPECIFIED
Total area 15,361 SF
Lot 1.28 ac (55,844 SF)
Zoning code 4
APN 36-66-19-201-006.001-009
UPID US31-1663904
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
  • TherapyWorks Physician
  • Subway Take-out & Catering
  • Dr. Courtney B. Kleber, MD Pediatrician Medical Clinic
  • Seymour Pediatrics Pediatrician Medical Clinic
  • Jalbonski Adam MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
BROWN DEVELOPMENT GROUP LLC
BROWN DEVELOPMENT GROUP LLC
Zoning & alternative use
4 · Seymour, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source § 157.007 ZONING MAP.
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