Listing Agency: Coldwell Banker Real Estate Group

Listed By: DEB PATON-SHOWLEY · License #IN

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 4:20AM

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Investment Insights

Based on property information with market context.

This storage condominium provides a dedicated 20x40 space designed for lake-area storage needs. The unit includes a garage door, 2 LED overhead lighting fixtures, and 6 outlet receptacles. Electrical service is identified as part of the unit improvements.

The property is located at 1278 Chapman Lake Drive in Warsaw, Indiana, near Chapman Lake. Some units may be eligible for combination with adjacent space, subject to availability and applicable condominium bylaws.

Key Highlights

• 20x40 storage condominium unit
• Garage door provides direct access to the unit
• 2 LED overhead lighting fixtures

Property Analytics

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service Real Estate Agency Electrical Service Florist

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

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Explore this area Business Placement

Demographics for 46582, IN

14,151

Population

7,064

Households

2

Avg Household Size

38

Median Age

35%

College-Educated

91%

High-School Grad

57.6 sq mi

ZIP Area

246

Density / Sq Mi

$67,161

Median Household Income

$43,031

Median Earnings

$1,085

Median Rent

$231,900

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Self storage facility - Private storage space with a garage door, lighting, and dedicated electrical receptacles near Chapman Lake.

Where is this self storage facility located?

The property is located at 1278 Chapman Lake Drive Unit 106 Warsaw, IN.

What are key features of this property?

This property features: 20x40 storage condominium unit; Garage door provides direct access to the unit; 2 LED overhead lighting fixtures