820 Trl Rdg Rd Albion, IN 46701-1535
Property Lookup
Property profile & analytics
820 Trl Rdg Rd Albion, IN 46701-1535
- Retail space
- 8,920 SF
- 1.04 lot acres
Property ID
US31-2234094
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 820 Trl Rdg Rd
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 1.04 lot acres
- Property size
- 8,920 SF
- Property type
- Retail space
- APN
- 57-13-18-400-012.000-002
- APU
- 571318400012000002
Description
This exceptional investment opportunity presents a fee-simple, Class A, 9,100 square foot Dollar General convenience store located at 820 Trail Ridge Rd, Albion, Indiana, 46701. The property sits on a 1.04-acre lot and is zoned CG (Commercial General). Currently operating under a Net Net (NN) lease with a remaining term of 3.2 years (expiring January 30, 2028), this single-tenant property boasts 100% occupancy. Built in 2004, the building has consistently performed well, evidenced by three consecutive five-year lease renewals by Dollar General. The asking price is $750,000, translating to $82.42 per square foot. The property features ample parking and is situated in a high-traffic area with a favorable demographic profile. Potential exists for lease term extensions beyond the current expiration date. This is a strong investment opportunity due to the established tenant, long lease history, and prime location within Albion, Indiana. The property offers a secure and lucrative return for years to come.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $705,000 Current use
- RESTAURANT
- $855,000 Change: +22% Conversion: Easy
- AUTO REPAIR, GARAGE
- $715,000 Change: +1% Conversion: Difficult
- MEDICAL BUILDING
- $655,000 Change: -7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $635,000 Change: -10% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Albion
- County
- Noble
- State
- Indiana
- Longitude
- -85.4215
- Latitude
- 41.4071
- CBSA code
- 28340
- CBSA name
- KENDALLVILLE, IN MICROPOLITAN 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
$8,118
$31,700
$337,800
$369,500
-
$31,700
$337,800
$369,500
