176 Deanna Dr, Lowell, IN 46356
Fully remodeled open-concept suite with private rear storage and independent utilities, positioned on a high-traffic commercial corridor.
Property size:
1,023 SFLot size:
0.07 AcresPrice / SF:
$244/SF- Added:
- Jun 10, 2026
- Days on Market:
- 22
- Last Refresh:
- Jun 29 at 11:31 am
Property Features for 176 Deanna Dr
General Information
- Standard status
- Active
- Property type
- Storefront properties, Retail properties & Spaces, Office Units, Office Spaces, Commercial real estate
- Size
- 1,023 SF
- Lot size
- 0.07 Acres
Building Details
- Year Built
- 1978
Listing agent John (219) 775-2373
Listing office (219) 775-2373
Listing date Jun 10, 2026
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.1k | $21.60 |
| − Vacancy | −$4.8k | −$4.69 |
| EGI | $17.3k | $16.91 |
| − OpEx | −$4.3k | −$4.23 |
| NOI | $13.0k | $12.68 |
1,023 SF · lease $21.60/SF/yr · vacancy 21.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$185.4K
$162.2K – $216.3K
NOI $12,976 @ 7.0% cap · market cap 5.19%
Second Best
Retail
$140.8K
$123.2K – $164.3K
NOI $9,858 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$285.6K
$249.9K – $333.2K
NOI $19,991 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Lake
- State
- Indiana
- Longitude
- -87.39521
- Latitude
- 41.28821
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Fully remodeled open-concept suite with private rear storage and independent utilities, positioned on a high-traffic commercial corridor.
Where is this storefront property located?
The property is located at 176 Deanna Dr Lowell, IN.
What is the asking price?
The asking price for this property is $250,000.
