Property profile

525 7th St Auburn, IN 46706

OFF-MARKET
Commercial land
Property ID
US31-2578416
0.21 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A commercial property, located at 525 W Seventh St, Auburn, IN 46706, offers 6,680 square feet of versatile space ideal for medical, office, or retail use. The single-story building, completed in 2024, features three suites, with a minimum divisible space of 1,488 square feet and a maximum contiguous space of 3,365 square feet currently available. A significant portion of the building, totaling 3,365 square feet, is immediately available for lease. The property benefits from a strong anchor tenant strategy, with a national chain occupying a west end-cap suite and a regional chain tenant leasing the east end-cap suite. This provides excellent visibility and synergy for potential tenants. The property is situated in Auburn, Indiana, offering convenient access to local amenities and a thriving community. The lease rate is $25 per square foot, NNN. This presents a unique opportunity to secure prime commercial space in a newly constructed building with established tenants. The property's modern design and prime location make it an attractive option for businesses seeking a high-quality space in a desirable market. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.21 ac (9,148 SF)
APN 17-06-31-227-003.000-025
UPID US31-2578416

Cap rate & NOI

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

Location

525 7th St Auburn, IN 46706-2005
Auburn metro Census 20500 AUBURN, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
2 recorded transactions
2024
Price N/A
2023
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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