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Property profile & analytics
FOR LEASE
Office Spaces

510 W Adams St Plymouth, IN 46563

29,859 SF 1 ac lot Built 2011
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US31-3107356
Property summary
AI-generated overview

This exceptional three-story, 30,000-square-foot office building in downtown Plymouth, Indiana, offers a variety of spaces to suit diverse business needs. The property, built in 2014, features 16 suites ranging from a minimum of 250 square feet to a maximum contiguous space of 5,779 square feet, making it ideal for businesses of all sizes. Multiple tenancy options are available within this Class A building, which includes a convenient elevator for easy access to all three floors. Tenants benefit from a shared conference/training room, divisible into two separate rooms, accessible via an online reservation system. Recent upgrades include an expanded parking lot, energy-efficient LED lighting, and fresh paint and flooring throughout. The building sits on a 1.1-acre lot (47,916 square feet) and is strategically located at the intersection of US Highways 30 and 31 in north-central Indiana, offering convenient access to South Bend (20 minutes south), Valparaiso, Warsaw, Fort Wayne, and Chicago. This well-maintained property boasts active ownership and responsive management, ensuring a positive tenant experience. The building is suitable for creative office, traditional office, and medical office uses.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2011
Construction TYPE NOT SPECIFIED
Total area 29,859 SF
Lot 1 ac (43,560 SF)
APN 50-32-05-203-009.000-019
UPID US31-3107356
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
$1.50M
Owner & transaction history
2401 Monroe LLC · 3 yrs held
2401 Monroe LLC
since 2023
3 recorded transactions
2023
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.1M +39.7%
Retail stores $2.1M +36.9%
Medical building $1.9M +21.8%
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