3095 N Wayne St Angola, IN 46703
For Sale
1 / 5
This 1.2-acre commercial lot, located at 3095 N Wayne St, Angola, IN 46703 (APN: 76-06-11-000-030.000-012), presents a prime development opportunity in a thriving retail corridor. Boasting over 120 feet of frontage, this C-2 zoned property sits between two lighted intersections, providing exceptional visibility and accessibility. The land is situated adjacent to major retailers including Menards, Kohl's, Meijer, and Starbucks, ensuring high daily traffic counts. Its location between two golf courses and surrounded by affluent, rapidly growing residential neighborhoods offers a strong demographic profile. The proximity to a major industrial park, employing a significant portion of Angola's residents, further enhances its appeal. All utilities are available on-site. The C-2 zoning allows for a wide range of uses, including medium to large retail, commercial, service, entertainment, and food establishments. This exceptional location offers significant potential for investors seeking high-return development projects. While the current offering is 1.2 acres, the possibility of acquiring additional adjacent land exists. The land value is $3.82 per square foot. This property is an excellent investment opportunity in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.