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Property profile & analytics
FOR SALE
Gas stations

602 S Jefferson St Huntington, IN 46750

1,798 SF 0.48 ac lot Built 1970
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US31-1810046
Property summary
AI-generated overview

This exceptional commercial property, located at 602 S Jefferson Street in Huntington, Indiana, presents a unique investment opportunity. Situated on a 0.23-acre lot, the building offers significant potential for a variety of uses. Currently housing a U-Haul rental business generating approximately $15,000 in annual gross revenue, this established income stream can be transferred to the new owner. The property also features lifts suitable for an auto repair shop, providing an additional revenue stream or the possibility of expanding the existing business. The building's versatile layout and existing infrastructure make it an ideal choice for entrepreneurs seeking a ready-made business with established income or those looking to develop a new venture in a prime Huntington location. The asking price for this property is $595,000. The square footage of the building is not currently available. This is a rare opportunity to acquire a property with both established income and significant expansion potential in a thriving community. Serious inquiries are encouraged to explore this promising investment. The transfer of the U-Haul business is contingent upon a successful sale and mutually agreeable terms.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1970
Construction WOOD
Total area 1,798 SF
Lot 0.48 ac (20,764 SF)
APN 35-05-14-300-241.500-005
UPID US31-1810046
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
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
South Side Service INC · 7 yrs held
South Side Service INC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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