2303 Oak DrPlymouth, IN 46563

Property Details for 2303 Oak Dr

Year built

2000

Construction

TYPE NOT SPECIFIED

Lot size

8.04 AC

Property size (Sq ft)

17,150 SF

Property type

Auto shops

APN

50-42-30-404-007.000-019

APU

504230404007000019

Description

This exceptional 21,000+ square foot commercial facility presents a unique investment opportunity in Plymouth, Indiana. Situated on a sizable 8.04-acre lot, this property boasts unparalleled visibility due to its prime location adjacent to a Walmart Supercenter and a bustling strip mall, directly accessible from US Highway 30. The extensive blacktop parking area ensures ample space for customers and employees. The building itself features a substantial indoor showroom, ideal for showcasing products or services. A large service area is equipped with seven vehicle lifts, a secondary alignment bay, and a dedicated detail shop, making it perfectly suited for automotive-related businesses or similar operations requiring significant workspace. Multiple offices, including modern glass-walled spaces, provide a professional and efficient work environment. The expansive paved acreage offers significant flexibility for outdoor storage, future expansion, or additional development. Priced at $2,995,000, this property represents an exceptional value for its size, location, and potential. The versatility of this property makes it suitable for a wide range of commercial uses, from automotive dealerships and service centers to retail establishments and other ventures. Don't miss this chance to acquire a high-profile commercial property with significant growth potential in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,440,103

  6.5%

  $4,098,556

  7%

  $3,805,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,629,144

  Geo Method

  $5,629,144

• Alternative Use

  Use

  Valuation

  Residential

  $3,457,286

  Hospitality

  $3,166,855

  Educational

  $2,634,786

  Medical

  $2,725,401

  Retail

  $4,098,556

Location Insight

City

Plymouth

County

Marshall

State

Indiana

Latitude

41.3637

Longitude

-86.3328

CBSA code

38500

CBSA name

PLYMOUTH, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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