136 Walker Way Columbia City, IN 46725-1334
This exceptional 1.19-acre property in Columbia City, Indiana, presents a prime redevelopment opportunity. Located just off US Highway 30, the site boasts excellent visibility and convenient access via Walker Way. The property includes two existing industrial/retail buildings totaling 10,448 square feet, offering immediate income potential or redevelopment options. An income-producing billboard is also included in the sale. The site benefits from high traffic counts on US Highway 30 (25,044 VPD in 2023) and State Road 9 (15,077 VPD in 2023), ensuring significant exposure. The property features 430 feet of frontage on US-30 and 388 feet on Walker Way, providing ample space for various development scenarios. The buildings are currently vacant. The property is zoned GB - General Business, allowing for a wide range of uses. Surface parking is available. The asking price is $750,000, representing a price per square foot of $71.78. This is a rare opportunity to acquire a highly visible and versatile property in a growing area, ideal for investors and developers seeking significant return on investment. The property is conveniently located less than one mile from US Highway 30 and 16.8 miles from I-69.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.