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Insulated Storage Condo
New
For Sale
$82,900

12771 N 825 E Road, Syracuse, IN 46567

COMMERCIAL, Syracuse, IN

Property Size960 SF
Lot Size5.00 Acres
Price / SF$86.35
Days on Market4

Property Features for 12771 N 825 E Road

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Directions Eli Lilly Rd west to N Bishop Rd turn north to E 1290 Rd the right to N 825 E. drive located on the right.
Subdivision Kosciusko County
Standard status Active
APN 43-04-11-400-084.000-025
Lot size 5.00 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 430411400084000025
Tax Annual Amount 640
Legal Description 430411400084000025

Amenities

gated complex
outdoor security lights

Building Details

Year built 2025
Flooring type Concrete
Roof type Metal
Listing Agency: PB Glancy Real Estate Group
Listed By: Perry Glancy
Added: Oct 21 Last Checked: Oct 24 at 4:06AM
MLS# 202643506

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This warehouse storage condo measures 24' x 40' and has a 16' ceiling, insulated walls and ceiling, and a concrete floor. An electric overhead door measures 12' x 14', alongside a 36-inch service door and a 100-amp service panel. Interior improvements include a 12' x 24' enclosed loft with a window and nine-lite door, additional lighting and outlets, and an 8' workbench. A floor drain is located at the center of the unit, with security lighting outside.

The unit is part of a gated storage complex comprising five buildings on a 5-acre property. The building has a metal roof, and the entry door includes diamond-plate trim.

Key Highlights

  • 24' x 40' storage condo with a 16' ceiling
  • 12' x 14' electric overhead door and 36‑inch service door
  • 100‑amp electrical panel, with added lighting and outlets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,602
Cap Rate
5.55%
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 (±1% cap)
NOI $4,602 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.2K
$146.3K – $195.1K (±1% cap)
NOI $11,707 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Storage Facility Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

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 - The unit features an enclosed loft, overhead door, and dedicated electrical service within a gated complex.
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 $82,900.
What are key features of this property?
This property features: 24' x 40' storage condo with a 16' ceiling; 12' x 14' electric overhead door and 36‑inch service door; 100‑amp electrical panel, with added lighting and outlets
More about this property
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