Self-Storage Unit with
For Sale
$69,500
10208 N State Road 13 #10, Syracuse, IN 46567
Enclosed storage unit with loft space and round-the-clock gated entry for recreational equipment, vehicles, and household items.
Property Size800 SF
Price / SF$86.88
Days on Market37
Property Features for 10208 N State Road 13 #10
General Information
Standard status
Active
Size
800 SF
Property subtype
Commercial
Amenities
electric gate
24-hour access
Building Details
Year Built
1998
Listing Agency:
ERA Crossroads
Listed By:
Kay Young · License #18683
(574) 528-1400
Source:
Housesinfortwayne
Added: Sep 1
Changed: Sep 8
Last Checked: Oct 5 at 3:41PM
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 ERA Crossroads
Investment Insights
Based on property information with market context.
This self-storage unit provides 800 square feet of enclosed space in a 20-by-40-foot configuration, with an elevated loft for additional storage. The layout accommodates a range of larger personal property, including cars, boats, jet skis, snowmobiles, furniture, and miscellaneous belongings. Constructed in 1998, the unit offers a dedicated storage solution for items requiring protection from the elements.
Entry is available 24 hours a day through an electric gate. The facility is located at 10208 N State Road 13 #10 in Syracuse, Indiana, with proximity to both Syracuse and North Webster.
Entry is available 24 hours a day through an electric gate. The facility is located at 10208 N State Road 13 #10 in Syracuse, Indiana, with proximity to both Syracuse and North Webster.
Key Highlights
- 800 SF storage unit with a 20‑by‑40‑foot footprint
- Loft area provides additional storage capacity
- 24‑hour entry through an electric gate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,946
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$98,920
$98.9K
Cap Rate 7%
$70,657
$70.7K
Cap Rate 9%
$54,956
$55.0K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$7.7K $9.60/SF
− Vacancy
−$614 −$0.77/SF
EGI
$7.1K $8.83/SF
− OpEx
−$2.1K −$2.65/SF
NOI
$4.9K $6.18/SF
Area
Kosciusko County, IN
Vacancy
8.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$98,920
Cap Rate 7%
$70,657
Cap Rate 9%
$54,956
Alternative Uses
Best Use
Self Storage
$70.7K
$61.8K – $82.4K
NOI $4,946 @ 7.0% cap · market cap 7.12%
Second Best
Warehouse
$54.8K
$47.9K – $63.9K
NOI $3,835 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$139.4K
$122.0K – $162.6K
NOI $9,756 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
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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Frequently Asked Questions
What type of property is this?
Self storage facility - Enclosed storage unit with loft space and round-the-clock gated entry for recreational equipment, vehicles, and household items.
Where is this self storage facility located?
The property is located at 10208 N State Road 13 #10 Syracuse, IN.
What is the asking price?
The asking price for this property is $69,500.
What are key features of this property?
This property features: 800 SF storage unit with a 20‑by‑40‑foot footprint; Loft area provides additional storage capacity; 24‑hour entry through an electric gate
