176 Deanna Dr, Lowell, IN 46356
For Sale
$250,000
Fully remodeled open-concept suite with private rear storage and independent utilities, positioned on a high-traffic commercial corridor.
Property Size1,023 SF
Lot Size0.07 Acres
Price / SF$244.38
Days on Market154
Property Features for 176 Deanna Dr
General Information
Standard status
Property type
Size
Lot size
Building Details
Year Built
Listed By:
John Schupp
(219) 775-2373
Added: Jun 10
Changed: Jun 29
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,976
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,520
$259.5K
Cap Rate 7%
$185,371
$185.4K
Cap Rate 9%
$144,178
$144.2K
Market Conditions
NOI Build-Up for 1,023 SF
Gross rent
$22.1K $21.60/SF
− Vacancy
−$4.8K −$4.69/SF
EGI
$17.3K $16.91/SF
− OpEx
−$4.3K −$4.23/SF
NOI
$13.0K $12.68/SF
Area
Lake County, IN
Vacancy
21.70%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,520
Cap Rate 7%
$185,371
Cap Rate 9%
$144,178
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46356, IN
18,668
Population
7,290
Households
2.6
Avg Household Size
41
Median Age
20%
College-Educated
96%
High-School Grad
112.5 sq mi
ZIP Area
166
Density / Sq Mi
$87,535
Median Household Income
$51,151
Median Earnings
$1,190
Median Rent
$256,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Lake County, IN
Properties on Market for Storefront properties in Lake County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
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.
