1661 Nebo Rd Yorktown, IN 47396-9593
Property profile & analytics
1661 Nebo Rd Yorktown, IN 47396-9593
- Commercial real estate
- 6,000 SF
- 0.73 lot acres
Property ID
US31-2557284
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 1661 Nebo Rd
- Year built
- 1996
- Construction
- WOOD
- Lot size
- 0.73 lot acres
- Property size
- 6,000 SF
- Property type
- Commercial real estate
- APN
- 18-10-14-476-023.000-017
- APU
- 181014476023000017
Description
This exceptional investment opportunity presents a 6,000-square-foot flex warehouse building situated on a 0.72-acre lot in Yorktown, Indiana. Constructed in 1996, the property comprises a single building housing five rentable units, currently leased on a month-to-month basis to multiple tenants. One unit is notably larger, featuring a restroom, office space, and heating. All units boast 12x12 overhead doors, providing convenient access for various uses. The asking price is $299,000, translating to $49.83 per square foot and $59,800 per unit. The building boasts a 14-foot ceiling height, offering ample vertical space. Current monthly rents range from $340 to $440, presenting potential for increased revenue given current market rates. A significant advantage is the inclusion of an undeveloped lot with Nebo Road frontage, offering expansion or development possibilities. The property's address is 1661 S Nebo Rd, Yorktown, IN 47396, and its APN is 18-10-14-476-022.000-017. This property is ideal for investors seeking strong cash flow and future appreciation potential, or for owner-occupants looking to establish their business in a prime location. The property's multi-tenant setup provides diversification and built-in income. The combination of existing income and development potential makes this a compelling investment opportunity in the thriving Yorktown area.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Yorktown
- County
- Delaware
- State
- Indiana
- Longitude
- -85.4625
- Latitude
- 40.1787
- CBSA code
- 34620
- CBSA name
- MUNCIE, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,314
$31,800
$118,800
$150,600
-
$31,800
$118,800
$150,600
