403 Erie Pass Auburn, IN 46706
For Lease
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This single-tenant, 2,016 square foot retail building in Auburn, Indiana, presents a unique investment opportunity. Situated on 0.9 acres and built in 1996, the property features a convenient drive-up window with three lanes and ample parking, including ADA-accessible spaces. The building's interior boasts abundant natural light, private offices, a large conference room, a secure vault, and a spacious lobby. Its C1 zoning allows for diverse uses, including office, restaurant, or retail. The property is strategically located across from Parkview DeKalb Hospital, a major local employer, ensuring high visibility and potential customer traffic. The building is a single-story structure with 24 total parking spaces and 220-volt power. This property offers a compelling combination of functionality, location, and potential for various business ventures. The building's size and amenities make it suitable for a range of businesses seeking a well-equipped and conveniently located space in a thriving community. The property is located at 403 Erie Pass, Auburn, IN 46706.
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.