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Property profile & analytics
OFF-MARKET Estimated value $815,000
Strip malls

812 Main St 924 Brownsburg, IN 46112-1426

42,599 SF 4.55 ac lot Built 1961
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US31-0786619
Property summary
AI-generated overview

This prime retail property, Brownsburg Shopping Center, located at 812-859 E Main St, Brownsburg, IN 46112, offers 41,615 square feet of space across nine suites within a single, one-story building. Currently, 1,995 square feet are vacant, presenting a unique opportunity for expansion or new tenancy. The center enjoys a highly visible location with easy access from the signalized intersection at US 136/E Main Street, boasting an average daily traffic count of 12,982 vehicles. The property is zoned C2 and benefits from strong existing tenants including Brownsburg Laundry & Tan, Lucy Nails, Great Clips, The Breakfast Company, Brownsburg BMV, Planet Fitness, American Family Insurance, and Rockstar Pizza. This established center provides a stable environment for new businesses to thrive. The Hendricks County location offers excellent visibility and accessibility for customers. The available space is ideal for a variety of retail uses. This is a rare opportunity to secure a space in a thriving retail center with high foot traffic and strong anchor tenants. Don't miss this chance to establish your business in a prime Brownsburg location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1961
Construction TYPE NOT SPECIFIED
Total area 42,599 SF
Lot 4.55 ac (198,198 SF)
APN 32-07-12-358-001.000-016
UPID US31-0786619
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
Current use
Occupant on record · Public records
  • Brownsburg Laundry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$815k
Owner & transaction history
State Of Indiana · 6 yrs held
State Of Indiana
since 2020
2 recorded transactions
2020
$26,075
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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