You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

405 Madison St Rochester, IN 46975-1129

5,128 SF 0.33 ac lot Built 1946
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-1112270
Property summary
AI-generated overview

This 5,128 sq ft commercial building in downtown Rochester, IN, presents a compelling investment opportunity. Located at 405 Madison St, the property boasts three separate sections ideal for multiple rental streams, offering significant income potential. Key features include a new roof on the block section, emergency exits, smoke detectors, two restrooms, a laundry hookup, a shower, two heaters, and three commercial rolling doors with a convenient truck well for loading and unloading. The heated warehouse area features two 125 BTU furnaces, while the office space is climate-controlled with heating and air conditioning. Situated in a prime downtown location, this property benefits from high visibility and foot traffic, ensuring strong tenant attraction. Its proximity to local businesses, restaurants, and services further enhances its appeal. The 0.33-acre lot and versatile layout make this a rare find for investors seeking a strong return in a thriving Indiana market. This property offers a unique chance to expand your real estate portfolio with a well-maintained, multi-use building in a highly desirable location. The combination of modern updates, multiple rental possibilities, and strategic location makes this a truly exceptional investment opportunity.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1946
Construction WOOD
Total area 5,128 SF
Lot 0.33 ac (14,505 SF)
APN 25-07-91-461-001.000-009
UPID US31-1112270
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
Current use
Occupant on record · Public records
  • Compu Child Services of America Inc Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael S Barnett · 16 yrs held
Michael S Barnett
since 2010
1 recorded transaction
2010
$117,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 405 Madison St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message