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Property profile & analytics
OFF-MARKET
Strip malls

726 Gospel St Paoli, IN 47454-1420

12,578 SF 1.06 ac lot Built 2005
Individually Owned 1-yr Hold Free & Clear
Property ID
US31-1462870
Property summary
AI-generated overview

This exceptional 12,160 square foot retail property, situated in the thriving Paoli submarket, presents a unique investment opportunity. The single-story, Class B building boasts a prime location directly across from a Walmart, ensuring high visibility and consistent foot traffic. The property features a total of 30 parking spaces, making it convenient for customers and employees. Currently, there are three suites available, with one vacant space ranging from 2,882 to 3,600 contiguous square feet, ideal for a variety of retail or restaurant uses. The entire building totals 12,160 square feet, with 6,482 square feet currently vacant. The minimum divisible space is 2,882 square feet. The property sits on 1.06 acres of land and is zoned for commercial use, offering flexibility for potential tenants. Its location on a main retail corridor ensures easy access and high visibility, making it an attractive option for businesses seeking a strong presence in a busy commercial area. The property's APN is 59-06-36-131-001.000-012. No elevators are present. This is a fantastic opportunity to establish or expand your business in a high-demand location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction TYPE NOT SPECIFIED
Total area 12,578 SF
Lot 1.06 ac (46,086 SF)
APN 59-06-36-131-001.000-012
UPID US31-1462870
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Brian Chaplin · 1 yrs held
Brian Chaplin
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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