Property profile

485 Main St Columbia City, IN 46725

OFF-MARKET
Retail space
Property ID
US31-1746535
6,430 SF 0.98 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1994
Construction TYPE NOT SPECIFIED
Total area 6,430 SF
Lot 0.98 ac (42,776 SF)
APN 92-06-02-580-203.000-004
UPID US31-1746535

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store

Location

485 Main St Columbia City, IN 46725-1311
Columbia City metro Census 50401 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$950k
Comparable Approach Comparable
$758k
Blend (final) Blend
$340k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $570,000 +11.9%
Restaurant $545,000 +7.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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