One-Story Office
For Sale
Contact for pricing
630 S Buffalo Street Unit 4, Warsaw, IN 46580
C-2 zoning, private parking, and city utilities support a range of business uses.
Property Size573 SF
Price / SF$15.71
Days on Market13
Property Features for 630 S Buffalo Street Unit 4
General Information
Standard status
Active
Size
573 SF
Property subtype
Commercial
Zoning
C-2
Additional Details
Utilities to Site
Yes
Property Use
Office
Amenities
private parking
city utilities
forced-air heat
central air conditioning
Building Details
Year Built
1972
Stories
1
Listing Agency:
Brian Peterson Real Estate
Listed By:
Jan Orban · License #RB14039951
(574) 551-0121
Source:
Jmrealtyonline
Added: Oct 21
Changed: Nov 1
Last Checked: Oct 31 at 11:25PM
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 Brian Peterson Real Estate
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Investment Insights
Based on property information with market context.
This 573-square-foot office suite is arranged with a private office and flexible work areas. The one-story building was constructed in 1972 and includes forced-air heat, central air conditioning, private parking, and city utilities. The property is zoned C-2.
Located at 630 S Buffalo Street in Warsaw, the suite offers access to downtown Warsaw and nearby commercial areas.
Located at 630 S Buffalo Street in Warsaw, the suite offers access to downtown Warsaw and nearby commercial areas.
Key Highlights
- 573‑square‑foot office suite with a private office and flexible work areas
- C‑2 zoning
- Private parking and city utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,350
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,000
$107.0K
Cap Rate 7%
$76,429
$76.4K
Cap Rate 9%
$59,444
$59.4K
Market Conditions
NOI Build-Up for 573 SF
Gross rent
$9.1K $15.96/SF
− Vacancy
−$2.0K −$3.51/SF
EGI
$7.1K $12.45/SF
− OpEx
−$1.8K −$3.11/SF
NOI
$5.3K $9.34/SF
Area
Kosciusko County, IN
Vacancy
22.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,000
Cap Rate 7%
$76,429
Cap Rate 9%
$59,444
Alternative Uses
Best Use
Office B
$76.4K
$66.9K – $89.2K
NOI $5,350 @ 7.0% cap · market cap 59.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$99.8K
$87.4K – $116.5K
NOI $6,988 @ 7.0% cap · market cap 77.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Explore this area
Business Placement
Demographics for 46580, IN
22,381
Population
8,873
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
71.1 sq mi
ZIP Area
315
Density / Sq Mi
$70,978
Median Household Income
$40,231
Median Earnings
$963
Median Rent
$175,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - C-2 zoning, private parking, and city utilities support a range of business uses.
Where is this office unit located?
The property is located at 630 S Buffalo Street Unit 4 Warsaw, IN.
What are key features of this property?
This property features: 573‑square‑foot office suite with a private office and flexible work areas; C‑2 zoning; Private parking and city utilities
