Property profile

5350 Franklin St Michigan City, IN 46360

OFF-MARKET
Strip malls
Property ID
US31-1307706
6,080 SF 0.71 ac lot Built 2005
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction TYPE NOT SPECIFIED
Total area 6,080 SF
Lot 0.71 ac (30,928 SF)
APN 46-05-09-300-035.000-009
UPID US31-1307706

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
  • Take-out & Catering

Location

5350 Franklin St Michigan City, IN 46360-7375
Michigan City metro Census 41400 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2005
1 recorded transaction
2005
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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