176 Deanna Drive, Lowell, IN 46356
SINGLE_FAMILY - Lowell, IN
- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 6:06 am
Property Features for 176 Deanna Drive
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 24
- Parking features
- Off Street
- Interior features
- Ceiling Fan(s), Vaulted Ceiling(s), Open Floorplan
- Exterior features
- Lighting, Rain Gutters
- Standard status
- Active
- APN
- 451925227018000008
- Size
- 1,023 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HOFFMAN MANOR S.20.66FT OF LOT 6
- Tax Annual Amount
- 1283
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1978
Listing agent John Schupp License #471020157 (219) 775-2373
Listing office SCHUPP Real Estate 170 Deanna Dr., Lowell, IN (219) 696-3596
Listing date Jun 10, 2026
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully remodeled 1,023 SF retail storefront or professional office on East Commercial Avenue
- Open floorplan with vaulted ceilings and ceiling fans; forced‑air heating with cable available
- 2022 interior lighting upgrades include modular track lighting and LED recessed lighting; built‑in slat walls included
- Private rear storage with a restroom, laundry facilities, and independent rear access
- Brand new furnace, central A/C, roof, and maintenance‑free siding and soffits
- Ample paved parking with independent utility meters and deeded right‑of‑way access across common lots shared by units 170–176
Overview
The suite is located on East Commercial Avenue in Lowell, IN, positioned between the high school and Lowell Plaza shopping hub. The corridor is described as high-growth, and the property benefits from heavy daily traffic averaging 15,000 to 18,702 vehicles per day.
The space is well-suited for tenants seeking a move-in-ready configuration that supports either retail merchandising or professional services. Independent utility meters and deeded right-of-way access across all common lots shared by units 170–176 support convenient operations, along with ample paved parking for customers and staff.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Lake
- State
- Indiana
- Longitude
- -87.39521
- Latitude
- 41.28821
