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4904 Washington St Westpoint, IN 47992

OFF-MARKET Retail space Google Maps
3,720 SF 0.75 ac lot Built 1969
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$305k
Range $275k – $336k (±10%)
Property ID US31-1170605

Property summary

AI-generated overview

This exceptional 1,860-square-foot single-tenant office space is available for lease in West Point, Indiana. Located at 4904 Washington Street, this property boasts high visibility due to its convenient location off State Road 25, ensuring maximum exposure to traffic traveling to and from Greater Lafayette. The building, constructed in 1969 and extensively renovated in 2021, offers a modern and functional workspace. The single-story structure features an 8-foot ceiling height and ample parking with 10 spaces available. The property sits on a 7.5-acre lot and is zoned NB. The building's interior and exterior have undergone significant updates in recent years. This versatile space is suitable for a variety of office uses, including creative office, traditional office, and coworking arrangements. Property taxes are $1.40 per square foot. The APN is 79-09-13-451-008.000-028. This is a rare opportunity to secure a well-maintained, highly visible office space in a desirable location. The property is ready for immediate occupancy. Contact us today to schedule a showing.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction WOOD
Total area 3,720 SF
Lot 0.75 ac (32,670 SF)
APN 79-09-13-451-008.000-028
UPID US31-1170605

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
  • Pet Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2011
Price N/A
2009
Price N/A

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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