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Property profile & analytics
FOR LEASE
Strip malls

418 E Broadway St Fortville, IN 46040

7,550 SF 0.81 ac lot Built 1991
Trust Owned 8-yr Hold Free & Clear
Property ID
US31-0983957
Property summary
AI-generated overview

This exceptional 4,000 square foot single-tenant property, located at 418 E Broadway St in Fortville, Indiana (zip code 46040), presents a unique investment or business opportunity. Previously occupied by a local hardware store, the space is ideally suited for a variety of retail or restaurant uses. Its convenient location on Broadway Street offers excellent visibility and accessibility for customers. The building's spacious layout provides ample room for operations, inventory, and customer service areas. The property is situated in a thriving community, providing a strong potential customer base. Detailed information, including floor plans and specifications, is available upon request. This is a rare chance to acquire a well-positioned commercial property in a desirable Indiana town. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore this promising investment prospect. Don't miss this chance to establish your business in a vibrant and growing area. Contact us today to schedule a viewing and learn more about this exciting opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1991
Construction WOOD
Total area 7,550 SF
Lot 0.81 ac (35,284 SF)
APN 30-02-09-415-002.000-017
UPID US31-0983957
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
by Request
Owner & transaction history
Robert B Ferrell Living Trust · 8 yrs held
Robert B Ferrell Living Trust
since 2018
2 recorded transactions
2018
$475,000
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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