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    8537 Black Point Rd Syracuse, IN 46567

    For Sale
    $52,500

    New Storage Unit - Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 600 square foot commercial storage unit, located at 8537 E Black Point Road in Syracuse, Indiana, presents a fantastic investment opportunity. Situated on a 1.14-acre lot, this brand-new unit boasts impressive features designed for optimal functionality and security. The unit itself measures 30 feet wide by 20 feet deep, providing ample storage space. High ceilings, reaching 14 feet, offer significant vertical storage capacity. The structure is well-insulated, featuring R19 blown insulation in the ceiling and R13 batt insulation in the exterior walls (covered with OSB). One interior common wall is finished with OSB. Access is convenient with a 12-foot overhead door equipped with an automatic opener, complemented by a separate service door. The exterior is finished with durable metal siding and roofing. The property also includes a gravel driveway, a cement apron directly in front of the unit, exterior lighting, and security fencing, ensuring both convenience and security. A natural gas line is already connected to the unit. Property taxes and any applicable association dues are to be determined. This turnkey storage unit is ready for immediate occupancy and offers significant potential for rental income or personal use. Don't miss this chance to acquire a high-quality, newly constructed commercial storage space in a desirable location.

    Property Features for 8537 Black Point Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    49,658 SF

    Building Details

    Year Built
    2024
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Hair Salon Hotel & Motel Electronics Store Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.68187
    Latitude
    41.40487

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    FAQs

    What type of property is this?
    Commercial real estate - New Storage Unit - Excellent Location
    Where is this commercial real estate located?
    The property is located at 8537 Black Point Rd Syracuse, IN.
    What is the asking price?
    The asking price for this property is $52,500.
    (574) 457-4446
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    8537 Black Point Rd Syracuse, IN 46567
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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

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    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
    8537 Black Point Rd Syracuse, IN 46567
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