Insulated Warehouse
For Sale
$70,000
12771 N 825 E Road, Syracuse, IN 46567
COMMERCIAL, Syracuse, IN
Property Size960 SF
Lot Size6.84 Acres
Price / SF$72.92
Days on Market112
Property Features for 12771 N 825 E Road
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Directions
NORTH SIDE OF LAKE WAWASEE. LOCATED BY WAWASEE AIRPORT, NOTH SIDE OF TRACKS.
Subdivision
Kosciusko County
Standard status
Active
APN
43-04-11-400-084.000-025
Lot size
6.84 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
007-042-003.JAE2 UNIT E 2 MILESTONE AIRPORT STORAGE CONDOS SOUTH
Tax Annual Amount
510
Legal Description
007-042-003.JAE2 UNIT E 2 MILESTONE AIRPORT STORAGE CONDOS SOUTH
Amenities
security fence with electric gate opener
Building Details
Year built
2025
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Keller Williams Realty Group
(260) 222-6970
Listed By:
Rex Heil · License #RB14040080
(574) 528-0537
Added: Jun 18
Changed: Aug 20
Last Checked: Oct 7 at 11:06AM
MLS# 202624410
Copyright © 2026 Kosciusko Board of Realtors MLS. 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 under-construction warehouse unit at 12771 N 825 E Road in Syracuse, Indiana, provides 960 square feet within a 24 X 40 configuration. The building includes a 14-foot overhead door, a 36-inch passage door, garage door opener, 100 amp service, interior lighting, and OSB-lined interior walls. Exterior walls are insulated, with a metal roof and concrete flooring. The property is identified for completion in 2025.
The larger site encompasses 6.84 acres. Access is controlled by a security fence with an electric gate opener, providing a defined entry arrangement for the warehouse property. The asset is located in Kosciusko County and is classified as a warehouse property.
The larger site encompasses 6.84 acres. Access is controlled by a security fence with an electric gate opener, providing a defined entry arrangement for the warehouse property. The asset is located in Kosciusko County and is classified as a warehouse property.
Key Highlights
- 960 sq ft unit with a 24 X40 configuration
- 14 foot height overhead door and 36'' passage door
- 100 AMP service with interior lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,602
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,040
$92.0K
Cap Rate 7%
$65,743
$65.7K
Cap Rate 9%
$51,133
$51.1K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$5.8K $6.00/SF
− Vacancy
−$346 −$0.36/SF
EGI
$5.4K $5.64/SF
− OpEx
−$812 −$0.85/SF
NOI
$4.6K $4.79/SF
Area
Kosciusko County, IN
Vacancy
6.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,040
Cap Rate 7%
$65,743
Cap Rate 9%
$51,133
Alternative Uses
Best Use
Warehouse
$65.7K
$57.5K – $76.7K
NOI $4,602 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.2K
$146.3K – $195.1K
NOI $11,707 @ 7.0% cap · market cap 16.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46567, IN
9,773
Population
5,849
Households
1.7
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
57.3 sq mi
ZIP Area
171
Density / Sq Mi
$73,277
Median Household Income
$46,327
Median Earnings
$964
Median Rent
$228,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Protech Marine Inc — 12734 N Bishop Rd, Syracuse, IN 46567
- Red Barn Self-Storage — 8211 E 1290 N, Syracuse, IN 46567
Frequently Asked Questions
What type of property is this?
Warehouse - Under-construction industrial space with concrete flooring, dedicated electrical service, and controlled access through a security fence.
Where is this warehouse located?
The property is located at 12771 N 825 E Road Syracuse, IN.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 960 sq ft unit with a 24 X40 configuration; 14 foot height overhead door and 36'' passage door; 100 AMP service with interior lighting
