Property profile

3727 Frontage Rd Michigan City, IN 46360

OFF-MARKET
Medical Office Space
Property ID
US31-2795866
7,486 SF 2.23 ac lot Built 2016
Entity Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Construction WOOD
Total area 7,486 SF
Lot 2.23 ac (97,139 SF)
APN 46-05-16-151-006.000-046
UPID US31-2795866

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
  • Medical Clinic
  • Medical Clinic

Location

3727 Frontage Rd Michigan City, IN 46360-7678
Michigan City metro Census 41400 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$616k
Blend (final) Blend
$505k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2017
Price N/A
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $595,000 +48.3%
Restaurant $560,000 +39.1%
Retail stores $530,000 +31.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3727 Frontage Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message