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    1203 Sheffield Ave Dyer, IN 46311

    For Sale
    $399,900

    Fully renovated, versatile commercial space. Ideal for various businesses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, situated at 1203 Sheffield Avenue in Dyer, Indiana, presents a unique opportunity for discerning businesses. The building boasts a substantial 2,917 square feet of fully renovated space, ready for immediate occupancy. Its prime location offers excellent visibility and accessibility. The property sits on a sizable 0.6-acre lot, providing ample space for parking and potential future expansion. The zoning designation, Sheffield and Main, allows for a wide range of uses, including retail, office, medical, and various service-oriented businesses. This flexibility makes it an attractive investment for entrepreneurs seeking a versatile and well-maintained space. The recent, comprehensive renovation ensures a modern and functional environment, minimizing the need for costly upgrades. The building is move-in ready, allowing businesses to focus on operations rather than renovations. This is a rare opportunity to acquire a high-quality commercial property in a desirable location at an attractive price point of $399,900. Don't miss out on this chance to establish your business in a thriving community.

    Property Features for 1203 Sheffield Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dyer
    County
    Lake
    State
    Indiana
    Longitude
    -87.51837
    Latitude
    41.51038

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    FAQs

    What type of property is this?
    Office Property / Space - Fully renovated, versatile commercial space. Ideal for various businesses.
    Where is this office property / space located?
    The property is located at 1203 Sheffield Ave Dyer, IN.
    What is the asking price?
    The asking price for this property is $399,900.
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    1203 Sheffield Ave Dyer, IN 46311
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    Dyer, IN 46311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1203 Sheffield Ave Dyer, IN 46311
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