Light Industrial Warehouse
207 Nickle Plate Avenue Valparaiso, IN 46383
207 Nickle Plate Avenue, Valparaiso, IN, 46383
$424,900
For Sale
$424,900
COMMERCIAL - Valparaiso, IN
Property Size3,200 SF
Lot Size0.39 Acres
Price / SF$132.78
Days on Market140
Property Features for 207 Nickle Plate Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 5
- Interior features
- High Ceilings
- Appliances
- Gas Water Heater
- Standard status
- Active
- APN
- 640925130013000004
- Size
- 3,200 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PARC IN E1/2 NW DESC 99-016414 25-35-6 .394A
- Tax Annual Amount
- 2081
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1972
Listing agency
Seramur Properties, LLC
(219) 548-8800
Listed by
Dennis Seramur · License #RB14028997
(219) 241-4039
Added: Mar 4 Updated: Jun 4 at 1:38PM Checked: Jul 22 at 6:06PM
MLS# 834882
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This light industrial warehouse offers approximately 3,200 square feet of enclosed space within a single building configured with multiple rooms. The interior includes a private restroom, laundry hook ups, and a kitchen area, providing practical support for day-to-day operations. Vehicle access is supported by a 14-foot overhead door, and the property includes ample parking for employees and visitors.
The warehouse is situated in an industrial park setting in Valparaiso, Indiana, with access to the surrounding area and proximity “close to town” as noted in the remarks. The property is located on Nickle Plate Avenue in Porter County.
For tenants, owners, or buyers seeking a compact industrial building with in-building amenities and straightforward truck and vehicle access, this space provides an operationally usable layout. The combination of private restrooms, laundry hookups, and a kitchen area can support staff needs, while the overhead door and parking make the building suitable for light industrial and storage-focused uses that fit the existing room configuration.
The warehouse is situated in an industrial park setting in Valparaiso, Indiana, with access to the surrounding area and proximity “close to town” as noted in the remarks. The property is located on Nickle Plate Avenue in Porter County.
For tenants, owners, or buyers seeking a compact industrial building with in-building amenities and straightforward truck and vehicle access, this space provides an operationally usable layout. The combination of private restrooms, laundry hookups, and a kitchen area can support staff needs, while the overhead door and parking make the building suitable for light industrial and storage-focused uses that fit the existing room configuration.
Key Highlights
- 3200 sqft Warehouse space
- 14ft Overhead door for access
- Industrial Park location close to town
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.2k | $6.00 |
| − Vacancy | −$1.0k | −$0.32 |
| EGI | $18.2k | $5.68 |
| − OpEx | −$2.7k | −$0.85 |
| NOI | $15.4k | $4.83 |
3,200 SF · lease $6.00/SF/yr · vacancy 5.39% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$220.6K
$193.0K – $257.3K
NOI $15,440 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$181.7K
$159.0K – $211.9K
NOI $12,716 @ 7.0% cap · market cap 2.99%
Theoretical Best
Healthcare Medical
$1.21M
$1.06M – $1.41M
NOI $84,898 @ 7.0% cap · market cap 19.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Pappas Logistics — 150 W Lincolnway, Valparaiso, IN 46383
FAQs
What type of property is this?
Warehouse - Functional light industrial warehouse with private restroom, laundry hookups, and kitchen area plus a 14-foot overhead door and parking.
Where is this warehouse located?
The property is located at 207 Nickle Plate Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 3200 sqft Warehouse space; 14ft Overhead door for access; Industrial Park location close to town
