551 North Line St Columbia City, IN 46725
Property profile & analytics
551 North Line St Columbia City, IN 46725
- Retail space
- 20,300 SF
- 1.37 lot acres
Property ID
US31-0758383
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 551 North Line St
- Year built
- 1967
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.37 lot acres
- Property size
- 20,300 SF
- Property type
- Retail space
- APN
- 92-06-03-243-001.000-004
- APU
- 920603243001000004
Description
This exceptional commercial property, located at 539 N Line St, Columbia City, IN 46725, offers 5,134 square feet of immediately available executive office space within a larger 19,940 square foot building. The property, situated on a 3.43-acre lot (APN: 92-06-03-243-002.000-004), is classified as Class B and boasts a single-story building constructed in 1985 and extensively renovated in 2022. The space features a desirable 10-foot ceiling height and is zoned for General Business use. Multiple tenancy options are available, with a minimum divisible space of 2,483 square feet and a maximum contiguous space of 5,134 square feet. This presents a unique opportunity for businesses seeking flexible and modern office accommodations in the thriving Columbia City submarket. The property's convenient location and recent renovations make it an ideal choice for a variety of businesses. The building is situated in the Columbia City submarket of Indiana.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,250,000
- 6.5%
- $3,000,000
- 7%
- $2,785,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,393,000
Market price range: $794k - $2.39M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $1,795,000
- RESTAURANT
- $1,715,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbia City
- County
- Whitley
- State
- Indiana
- Longitude
- -85.4935
- Latitude
- 41.1682
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,471
$171,300
$1,090,900
$1,262,200
-
$171,300
$1,090,900
$1,262,200
