Property profile

3301 Franklin St Michigan City, IN 46360

OFF-MARKET
Strip malls
Property ID
US31-2344724
4,263 SF 0.2 ac lot Built 1972
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Construction WOOD
Total area 4,263 SF
Lot 0.2 ac (8,635 SF)
APN 46-05-05-231-008.000-009
UPID US31-2344724

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Land Surveyor
  • Restaurant

Location

3301 Franklin St Michigan City, IN 46360-7079
Michigan City metro Census 40400 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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