1215 Gostlin St, Hammond, IN
5,625 SF freezer space with 14' clearance for sale.
- Added:
- Mar 27, 2025
- Days on Market:
- 448
- Last Refresh:
- May 20 at 8:51 pm
Property Features for 1215 Gostlin St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 1.58 Acres
- Property subtype
- INDUSTRIAL
Listing agent Adam Ratajski
Listing office Cresa - Corporate (312) 376-4100
Listing date Mar 27, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cresa - Corporate
HighLights
- 5,625 SF freezer space available
- Capable of 20°F temperature
- 14’ clear height
- R‑404A refrigeration system in place
- Floor drain in ambient dock area
- 40 parking spaces
Overview
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 | $87.6k | $8.76 |
| − Vacancy | −$4.7k | −$0.47 |
| EGI | $82.9k | $8.29 |
| − OpEx | −$12.4k | −$1.24 |
| NOI | $70.4k | $7.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hammond
- County
- Lake
- State
- Indiana
- Longitude
- -87.4982
- Latitude
- 41.6325
