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Property profile & analytics
OFF-MARKET
Strip malls

2200 Wayne St Angola, IN 46703-7139

10,064 SF 1.05 ac lot Built 2002
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-1881458
Property summary
AI-generated overview

This exceptional medical office space, located at 2200 N Wayne St in Angola, Indiana, 46703, offers a highly desirable location with excellent visibility and high traffic counts. Situated in an outlot of the Walmart shopping center, this property benefits from the significant foot and vehicle traffic generated by this major retailer. Current co-tenants include established businesses such as Rent-A-Center, T-Mobile, and One Main Financial, creating a strong and diverse tenant mix. The property is classified as Retail, Office, and Restaurant, and currently offers a total of 2,700 square feet of vacant, contiguous space. This space is exceptionally versatile and can be subdivided to accommodate tenants requiring smaller footprints, with a minimum divisible space of 1,350 square feet. The property is ideal for medical practices seeking a prominent location with ample parking and easy access for patients. The building's location on N Wayne St ensures high visibility and convenient access for clients. This presents a unique opportunity for a medical practice to establish or expand its presence in a thriving retail environment. The property's multiple tenancy structure allows for flexibility and potential for growth. Don't miss this chance to secure a prime location in a bustling commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Construction TYPE NOT SPECIFIED
Total area 10,064 SF
Lot 1.05 ac (45,825 SF)
APN 76-06-14-000-030.080-012
UPID US31-1881458
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Smc Rei LLC · 2 yrs held
Smc Rei LLC
since 2024
3 recorded transactions
2024
Price N/A
2021
Price N/A
2013
$975,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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