Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

2155 N 700 w, Unit W Arlington, IN 46104

  • Commercial real estate
  • 5,808 SF
  • 0.21 lot acres
For Sale
Last Sale
Aug 05, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1127785
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.

Current Use by Public Records

  • Arlington General Store / Convenience Store
  • United States Postal Service / Logistics Service / Mailing Service

Property Details for 2155 N 700 w

Year built
1902
Construction
WOOD
Lot size
0.21 lot acres
Property size
5,808 SF
Property type
Commercial real estate
APN
70-05-24-481-020.000-006
APU
700524481020000006

Description

This unique Arlington, IN property, located at 2155 N 700 W W, offers a compelling investment opportunity spanning 8,973 square feet on a 0.21-acre lot. Previously a successful restaurant and grocery store location, the building presents significant redevelopment potential. The ground floor's layout is adaptable to a variety of commercial uses, given its history as a thriving food-service establishment. The second floor provides a large, open-concept space ideally suited for conversion into residential apartments, offering a lucrative opportunity to capitalize on the growing demand for housing. The third floor features existing office space, ready for immediate occupancy or further customization to meet specific business needs. The property's size and versatile floor plan allow for a multitude of mixed-use configurations, catering to a diverse range of tenants and maximizing rental income. The strategic location in Arlington ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. This property is priced at $339,000 and represents a rare chance to acquire a substantial commercial building with significant upside potential in a desirable location. The building's structure is sound, providing a solid foundation for future development and long-term investment returns. Serious inquiries are encouraged to explore the full range of possibilities this property offers.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $268,000
    Market price range: $205k - $659k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $410,000
    Current use
    RETAIL STORES
    $390,000
    Change: -6% Conversion: Easy
    WAREHOUSE, STORAGE
    $380,000
    Change: -7% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Arlington
County
Rush
State
Indiana
Longitude
-85.5764
Latitude
39.6419

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
$1,099
$6,100
$68,300
$74,400
-
$6,100
$68,300
$74,400
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message