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Property profile & analytics
OFF-MARKET Estimated value $700,000
Retail space

295 297th S Wisconsin St Hobart, IN 46342

6,969 SF 0.95 ac lot Built 2006
Individually Owned 14-yr Hold Free & Clear
Property ID
US31-0046214
Property summary
AI-generated overview

This exceptional 7,017 square foot retail strip center in Hobart, Indiana, presents a prime leasing opportunity. Currently, 5,459 square feet are available, offering a versatile layout ideal for a variety of retail uses. The property boasts a high-visibility storefront maximizing street exposure, ensuring excellent visibility for your business. Ample on-site parking provides convenient access for both tenants and customers. The well-maintained building features a modern, open layout with high ceilings, creating an inviting atmosphere for shoppers. This location is situated in a desirable area, offering significant potential for businesses seeking to establish a strong presence in Hobart's thriving commercial district. The flexible floor plan allows for customization to suit diverse retail needs. The property's strategic location and attractive features make it an exceptional investment for businesses looking to thrive in a vibrant and accessible commercial environment. This is a rare opportunity to secure a prominent retail space in a high-traffic area of Hobart. Don't miss out on this chance to establish your business in a prime location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction WOOD
Total area 6,969 SF
Lot 0.95 ac (41,295 SF)
APN 45-09-31-205-018.000-018
UPID US31-0046214
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
$764k
Blend (final) Blend
$700k
Owner & transaction history
Hoogland Family Foundation · 14 yrs held
Hoogland Family Foundation
since 2012
2 recorded transactions
2012
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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