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Property profile & analytics
OFF-MARKET Estimated value $4,810,000
Grocery and convenience stores

9825 Wicker Ave Saint John, IN 46373-9413

68,634 SF 6.84 ac lot Built 2006
Entity Owned 21-yr Hold Free & Clear
Property ID
US31-0858139
Property summary
AI-generated overview

This exceptional retail opportunity presents 536 square feet of vacant space within a thriving commercial center at 9825 Wicker Avenue in St. John, Indiana. Located inside the bustling Strack & Van Til grocery store, this unit benefits from the significant foot traffic generated by the anchor tenant and its proximity to major roadways like US 41 (Wicker Ave). The property is part of a larger 68,633 square foot retail center, boasting a Class C designation and built in 2006. The surrounding area is anchored by a strong mix of national retailers, including Target, Aldi, Tractor Supply, Planet Fitness, and Goodwill, ensuring high visibility and consistent customer flow. This presents a unique chance to capitalize on the millions of annual visitors to the grocery store, offering excellent potential for a variety of retail businesses. The property sits on a 6.84-acre lot and is zoned C3, providing flexibility for various commercial uses. This space is ideal for businesses seeking exposure in a densely populated and highly desirable area of Lake County, Indiana, within a well-established commercial development. The property's location in St. John, a town known for its strong community and safety, further enhances its appeal. This is a rare opportunity to establish a presence in a thriving retail environment with significant growth potential.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2006
Construction TYPE NOT SPECIFIED
Total area 68,634 SF
Lot 6.84 ac (297,820 SF)
Zoning code R33
APN 45-11-33-304-001.000-035
UPID US31-0858139
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
by Request
Comparable Approach Comparable
$5.06M
Blend (final) Blend
$4.81M
Owner & transaction history
St John Marketplace LLC · 21 yrs held
St John Marketplace LLC
since 2005
4 recorded transactions
2018
Price N/A
2005
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
R33 · Saint John, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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