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Property profile & analytics
FOR SALE
Auto shops

359 N Jackson St Frankfort, IN 46041

2,700 SF 0.48 ac lot Built 1968
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US31-2095477
Property summary
AI-generated overview

This exceptional 2,700 square foot commercial property, situated on a 0.48-acre corner lot in Frankfort, Indiana's thriving downtown area, presents a unique investment opportunity. Its prime location on N Jackson Street ensures high daily traffic and excellent visibility, making it ideal for a diverse range of businesses. The adaptable open floor plan allows for seamless customization to suit various needs, from retail and office spaces to a restaurant or mixed-use development. Low taxes further enhance the property's financial appeal. The building's corner location provides ample space for prominent signage, maximizing exposure to both vehicular and pedestrian traffic. Surrounded by popular establishments, this property benefits from significant foot traffic and easy customer access. This is an exceptional chance to establish or expand a business in a bustling, high-traffic area of Frankfort, offering unmatched visibility and accessibility within a flexible and adaptable space. The property is priced at $525,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1968
Construction WOOD
Total area 2,700 SF
Lot 0.48 ac (21,038 SF)
APN 12-10-10-238-001.000-021
UPID US31-2095477
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
Current use
Occupant on record · Public records
  • Dave's Radiator & Automotive Auto Repair Shop
  • Hawkins Networking Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Joseph D Eavey · 8 yrs held
Joseph D Eavey
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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