671 3Rd AveJasper, IN 47546

  • Outlet malls
  • 11,913 SF
For Lease

Property Details for 671 3Rd Ave

Year built
1975
Construction
TYPE NOT SPECIFIED
Lot size
4.55 AC
Property size (Sq ft)
11,913 SF
Property type
Outlet malls
APN
19-06-36-304-114.000-002
APU
190636304114000002

Description

This exceptional retail opportunity in Jasper, Indiana, presents 8,255 square feet of completely vacant commercial space, ideally situated at 671 Third Avenue, zip code 47546. The property, known as 3rd Avenue Commons, offers a flexible layout with three individual suites available for lease. Each suite is easily adaptable to a variety of retail uses. The minimum divisible space is 2,030 square feet, while the maximum contiguous space available is 4,025 square feet. This allows for businesses of various sizes to find a suitable space within this attractive center. The building's total square footage is 8,255 square feet, providing ample room for growth and expansion. Located in Dubois County, this property benefits from high visibility and convenient access for customers. The address is 671 Third Avenue, Jasper, IN 47546. This is a rare opportunity to secure a prominent retail location in a thriving community. The entire building is currently vacant, presenting a unique chance to establish a presence in a high-traffic area. Contact us today to learn more about leasing options and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,025,253
    6.5%
    $2,792,542
    7%
    $2,593,074
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,584,187
    Geo Method
    $2,584,187
  • Alternative Use

    Use
    Valuation
    Residential
    $2,355,613
    Hospitality
    $2,157,729
    Educational
    $1,795,205
    Medical
    $1,856,945
    Retail
    $2,792,542
671 3Rd Ave, Jasper, Indiana

Location Insight

City
Jasper
County
Dubois
State
Indiana
Latitude
38.3801
Longitude
-86.9172
CBSA code
27540
CBSA name
JASPER, 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
$16,181
$134,200
$592,100
$726,300
-
$134,200
$592,100
$726,300

FAQs

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