12455 Adams RdGranger, IN 46530

Property Details for 12455 Adams Rd

Year built

1989

Construction

WOOD

Lot size

0.66 AC

Property size (Sq ft)

1,854 SF

Property type

Retail properties

Property subtype

Banks

APN

71-05-07-456-011.000-011

APU

710507456011000011

Description

This exceptional 1,854-square-foot office building is available for lease in Granger, Indiana. Located at 12455 Adams Rd, zip code 46530, this single-tenant property presents a fantastic opportunity for businesses seeking a convenient and functional workspace. The building is classified as Class B and features a single story design. The entire space is currently vacant, offering immediate occupancy for a new tenant. Situated in St. Joseph County, this property boasts a prime location within the vibrant Granger community. The building's traditional office layout provides a versatile space adaptable to various business needs. With 1,854 square feet of usable space, the property offers ample room for offices, meeting areas, and other essential workspace elements. The property type is listed as both retail and office, suggesting potential flexibility in its usage. The address is easily accessible, providing convenient access for employees and clients alike. This is an excellent opportunity to establish a presence in a thriving Indiana community. The property is ready for immediate occupancy, allowing for a swift and efficient transition for your business. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $479,789

  6.5%

  $442,882

  7%

  $411,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $608,538

  Geo Method

  $608,538

• Alternative Use

  Use

  Valuation

  Residential

  $373,588

  Hospitality

  $342,204

  Educational

  $284,710

  Medical

  $294,502

  Retail

  $442,882

Location Insight

City

Granger

County

St. Joseph

State

Indiana

Latitude

41.7538

Longitude

-86.1093

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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