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Property profile & analytics
OFF-MARKET Estimated value $695,000
Retail space

1729 Commercial Ave Lowell, IN 46356-2110

7,560 SF 0.62 ac lot Built 1971
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US31-3401137
Property summary
AI-generated overview

This exceptional investment opportunity presents two prime commercial buildings situated on a combined 0.88-acre lot in Lowell, Indiana's thriving B2 district. Located on East Commercial Avenue, this property benefits from high traffic volume and proximity to major retailers, ensuring strong visibility and accessibility. The larger building, spanning 7560 square feet, previously housed an Advance Auto Parts store, offering significant potential for redevelopment or repurposing. Its substantial size provides ample space for a variety of commercial uses. The second building, measuring 1560 square feet, is currently leased to a Subway restaurant, generating consistent rental income. This dual-building property offers a unique blend of immediate income potential and significant long-term growth prospects. The strategic location on Lowell's main commercial corridor, within a rapidly expanding community, makes this an attractive investment for both seasoned and emerging commercial property owners. The combined size and diverse potential uses of these buildings present a rare opportunity to acquire a significant commercial presence in a high-demand area. This property is priced at $1,686,000 and offers a compelling return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Construction WOOD
Total area 7,560 SF
Lot 0.62 ac (27,138 SF)
APN 45-19-24-452-025.000-008
UPID US31-3401137
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$715k
Blend (final) Blend
$695k
Owner & transaction history
Ccl Investment LLC · 3 yrs held
Ccl Investment LLC
since 2023
5 recorded transactions
2023
Price N/A
2017
Price N/A
2013
Price N/A
2008
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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