Storage Warehouse
For Sale
$82,500
12771 N 825 E Road, Syracuse, IN 46567
COMMERCIAL, Syracuse, IN
Property Size960 SF
Lot Size7.00 Acres
Price / SF$85.94
Days on Market101
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 former Lake Wawasee Airport. 12771 N 825 E Syracuse IN.
Subdivision
Kosciusko County
Standard status
Active
APN
43-04-11-400-084.000-025
Lot size
7.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
43-04-11-400-084.000-025
Tax Annual Amount
475
Legal Description
43-04-11-400-084.000-025
Building Details
Year built
2025
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Krueckeberg Auction And Realty
(260) 724-7402
Listed By:
Perry Glancy
(317) 873-0405
Added: Jul 12
Changed: Oct 6
Last Checked: Oct 20 at 5:06AM
MLS# 202627863
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 condo is a 2025-built commercial storage unit measuring 24 by 40 feet. The building has insulated walls and ceilings, 16-foot ceilings, a 12-foot by 14-foot overhead door with opener, a 36-inch passage door, and 100-amp electrical service. Concrete flooring supports storage and work-oriented use.
Interior improvements include a 12-by-24-foot lofted room with a window and nine-light door, an 8-foot workbench, painted walls, additional overhead lighting, and added 110-volt outlets. The property also includes security lighting, a metal roof, fencing, and an electric gate opener.
Interior improvements include a 12-by-24-foot lofted room with a window and nine-light door, an 8-foot workbench, painted walls, additional overhead lighting, and added 110-volt outlets. The property also includes security lighting, a metal roof, fencing, and an electric gate opener.
Key Highlights
- 24x40 Storage Condo with 16' ceilings
- 12'x14' overhead door and 36" passage door
- 100‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,602
Cap Rate
5.58%
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 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.2K
$146.3K – $195.1K
NOI $11,707 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
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
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 - Insulated warehouse condo with lofted workspace, concrete flooring, and secured fenced access.
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 $82,500.
What are key features of this property?
This property features: 24x40 Storage Condo with 16' ceilings; 12'x14' overhead door and 36" passage door; 100‑amp electrical service
