Valparaiso Warehouse in Industrial
For Sale
Contact for pricing
207 Nickle Plate Avenue, Valparaiso, IN 46383
3200 sqft warehouse with 14ft door and ample parking.
Property Size3,200 SF
Price / SF$132.78
Days on Market151
Property Features for 207 Nickle Plate Avenue
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Industrial
Building Details
Year Built
1972
Listing Agency:
Seramur Properties
Listed By:
Dj Seramur · License #IN RB14028997
Source:
Crexi
Added: Mar 5
Changed: Jul 6
Last Checked: Aug 2 at 6:07AM
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 Seramur Properties
Investment Insights
Based on property information with market context.
This 3200 sqft warehouse is located in an industrial park near Valparaiso, Indiana. The light industrial warehouse includes a private restroom, laundry hook-ups, and a kitchen area. The layout incorporates several rooms within the building. Access is provided by a 14ft overhead door. The property offers ample parking.
Key Highlights
- 3200 sqft warehouse space
- Industrial park location close to town
- Features a 14ft overhead door
Financial Insights For Warehouse
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 | $19.2k | $6.00 |
| − Vacancy | −$1.0k | −$0.32 |
| EGI | $18.2k | $5.68 |
| − OpEx | −$2.7k | −$0.85 |
| NOI | $15.4k | $4.83 |
3,200 SF · lease $6.00/SF/yr · vacancy 5.39% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$220.6K
$193.0K – $257.3K
NOI $15,440 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$181.7K
$159.0K – $211.9K
NOI $12,716 @ 7.0% cap · market cap 2.99%
Theoretical Best
Healthcare Medical
$1.21M
$1.06M – $1.41M
NOI $84,898 @ 7.0% cap · market cap 19.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,121
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46383, IN
41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pappas Logistics — 150 W Lincolnway, Valparaiso, IN 46383
Frequently Asked Questions
What type of property is this?
Warehouse - 3200 sqft warehouse with 14ft door and ample parking.
Where is this warehouse located?
The property is located at 207 Nickle Plate Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 3200 sqft warehouse space; Industrial park location close to town; Features a 14ft overhead door
