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    OFF-MARKET Estimated value $565,000
    Retail space

    404 Seymour St, Kentland, IN 47951

    10,682 SF 1.84 ac lot Built 1970
    Entity Owned Free & Clear
    Property ID
    US31-2452149
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 404 W Seymour St in Kentland, Indiana, presents a remarkable investment opportunity. The 10,682 square foot building sits on a spacious 1.84-acre lot and is ideally situated directly on US24, offering unparalleled visibility and accessibility. Currently configured as a furniture store, this versatile space is adaptable to a wide range of commercial uses. The property features an open showroom, reception area, dedicated offices, workshops, and restrooms (including one with a shower). A substantial warehouse with a dock provides ample storage space. The building is equipped with dual furnaces, dual central air units, 3-phase electric, tinted storefront windows, and benefits from city water and sewage. A fully paved parking lot ensures convenient customer and employee parking. Its strategic location offers easy access to major transportation arteries, including US41 (1 mile), the Illinois border (3 miles), I-65 (16 miles), and I-57 (29 miles). This property is designated as an Opportunity Zone, presenting additional investment incentives. Built in 1970, this free-standing facility is ready for its next chapter. The property's size, location, and amenities make it an ideal choice for a variety of businesses seeking a prominent presence in a thriving community. The zip code is 47951.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1970
    Construction TYPE NOT SPECIFIED
    Total area 10,682 SF
    Lot 1.84 ac (79,998 SF)
    APN 56-16-20-444-003.000-011
    UPID US31-2452149
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $565k
    Owner & transaction history
    HOME FURNISHINGS INC
    HOME FURNISHINGS INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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