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    406 Smaltz Way Auburn, IN 46706

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    406 Smaltz Way Auburn, IN 46706


    • Retail space
    • 7,380 SF
    • 1.06 lot acres
    Retail Space Available For Rent For Lease
    $610,000

    Retail Space Available For Rent

    Retail space for rent at 406 Smaltz Way, Auburn.

    406 Smaltz Way, Auburn, IN 46706
    View Listing
    Property ID
    US31-2908367
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $610,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • F&M Bank - Auburn / Bank / Loan Service

    Property Details for 406 Smaltz Way

    Year built
    2022
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.06 lot acres
    Property size
    7,380 SF
    Property type
    Retail space
    APN
    17-05-36-200-053.000-012
    APU
    170536200053000012

    Description

    This exceptional Class A retail strip center, located at 406 Smaltz Way in Auburn, Indiana, presents a compelling investment opportunity. Built in 2022, the property boasts a total of 7,050 square feet across three suites, offering flexibility for various retail businesses. One suite, measuring 1,895 square feet, is currently available. The center sits on a 1.06-acre lot and provides ample parking with 35 spaces. Its convenient location at the intersection of SR 8 & Smaltz Way ensures high visibility and accessibility for customers. The property is zoned C-2, allowing for a wide range of commercial uses. The single-story building features modern construction and is well-maintained. The property's APN is 17-05-36-200-053.000-012, and it is situated in DeKalb County, Indiana, with a zip code of 46706. This is a rare opportunity to acquire a high-quality, newly constructed retail property in a thriving market. The property's strategic location and modern amenities make it an ideal investment for both owner-occupiers and investors seeking a strong return. The absence of elevators is noted, but the single-story design ensures easy access for all tenants and customers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $395,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $829,000
      Market price range: $316k - $829k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $505,000
      Current use
      RESTAURANT
      $555,000
      Change: +11% Conversion: Easy
      COMMERCIAL (GENERAL)
      $540,000
      Change: +7% Conversion: Easy
      AUTO REPAIR, GARAGE
      $485,000
      Change: -4% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $455,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Dekalb
    State
    Indiana
    Longitude
    -85.0849
    Latitude
    41.3645
    CBSA code
    12140
    CBSA name
    AUBURN, IN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,003
    $279,100
    $482,400
    $761,500
    -
    $279,100
    $482,400
    $761,500
    View Listing
    More about this property
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