831 Commerce Dr Kendallville, IN 46755-9388
Property profile & analytics
831 Commerce Dr Kendallville, IN 46755-9388
- Office properties & Spaces
- 7,556 SF
- 0.56 lot acres
Property ID
US31-1804995
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
- Office properties & Spaces
Property Details for 831 Commerce Dr
- Year built
- 1993
- Construction
- WOOD
- Lot size
- 0.56 lot acres
- Property size
- 7,556 SF
- Property type
- Office properties & Spaces
- APN
- 57-07-29-300-008.000-020
- APU
- 570729300008000020
Description
This exceptional 7,556-square-foot medical office building in Kendallville, Indiana presents a unique investment or owner-occupancy opportunity. Built in 1993 and extensively renovated in 2021, the property boasts a single-story design with 18 parking spaces on a 0.56-acre lot. The building is zoned I-2 and features flexible floor plans, accommodating spaces ranging from 150 square feet to the entire 7,556 square feet. Multiple tenants are possible, with divisible spaces to suit various needs. Amenities include a kitchenette and shower accessible from Suites E and F. The property is in excellent condition, highlighted by a recently installed roof. The asking price for the sale is $298,000. Alternatively, the property is available for lease at a triple net rate of $5.50 per square foot. Triple net lease responsibilities include utilities, janitorial services, and snow/grass removal. The property's APN is 57-07-29-300-008.000-020. This versatile building offers significant potential for a variety of medical practices or businesses seeking a well-maintained and conveniently located space.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Kendallville
- County
- Noble
- State
- Indiana
- Longitude
- -85.2868
- Latitude
- 41.4548
- 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
$4,899
$56,500
$140,500
$197,000
-
$56,500
$140,500
$197,000
