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Property profile & analytics

4215 Sta Rd Roanoke, IN 46783-8846

  • Retail space
  • 2,466 SF
  • 0.64 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1759494
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.

Current Use by Public Records

  • Nick's Junction / Breakfast Restaurant

Property Details for 4215 Sta Rd

Year built
1971
Construction
WOOD
Lot size
0.64 lot acres
Property size
2,466 SF
Property type
Retail space
APN
35-01-23-200-018.701-007
APU
350123200018701007

Description

This exceptional 0.64-acre commercial property at 4215 E Station Road in Roanoke, Indiana, presents a unique investment opportunity. Boasting a highly visible location along Highway 24, the property enjoys exposure to approximately 22,000 vehicles daily, ensuring significant foot traffic and brand awareness. Currently zoned for commercial use and fully equipped with all necessary utilities, this turnkey property is ideally suited for a diverse range of businesses. The existing structure, known as Nick's Junction, offers a solid foundation for a new owner to build upon its established reputation or implement a completely new concept. The property's versatility allows for various uses, including restaurants, retail establishments, or mixed-use developments. The surrounding area is experiencing a period of significant growth and revitalization, with numerous nearby properties undergoing renovations or planned upgrades, creating a dynamic and thriving commercial environment. This strategic location, coupled with the high daily traffic count and the potential for significant return on investment, makes this property an exceptionally attractive proposition for discerning investors seeking a prime commercial location in a rapidly developing town. The property's existing infrastructure and readily available utilities minimize upfront costs and allow for a swift transition into operation. This is a rare opportunity to acquire a well-positioned commercial property in a burgeoning market.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Roanoke
County
Huntington
State
Indiana
Longitude
-85.3708
Latitude
40.9585
CBSA code
26540
CBSA name
HUNTINGTON, 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
$5,142
$135,500
$71,000
$206,500
-
$135,500
$71,000
$206,500
More about this property
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