Self-Storage Facility with RV/Vehicle
For Sale
$800,000
Pending
813 W Jefferson St, Tipton, IN 46072
Self-storage site on SR-28 with paved RV/vehicle storage, three buildings, and multiple storage options.
Property Size22,969 SF
Lot Size4.92 Acres
Days on Market69
Property Features for 813 W Jefferson St
General Information
Standard status
Pending
Size
22,969 SF
Lot size
4.92 Acres
Property subtype
Commercial
Net Operating Income
$48,764
Financials
Asking Price
$800,000
Cap Rate
6.1%
Gross Income
$71,565
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Building Details
Buildings
3
Listing Agency:
Liz Foley Real Estate, Inc.
Listed By:
Alexander Foley ()
(317) 995-1122
Source:
Fortwayneareahomesforsale
Added: Jul 6
Changed: Sep 9
Last Checked: Sep 12 at 10:42AM
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 Liz Foley Real Estate, Inc.
Investment Insights
Based on property information with market context.
This self-storage facility is a diversified industrial property on SR-28 (W Jefferson St) in Tipton, Indiana, built around multiple income streams. The 4.92-acre site includes three buildings totaling 22,969 SF of leasable space across four bays, along with self-storage units and paved RV/vehicle storage.
The asset is positioned for operational flexibility. Five self-storage units are currently owner-occupied, with the potential to bring additional units to market through leasing. The property is supported by an in-place 6.10% cap rate on trailing revenue, with noted pro forma returns toward 7.1%.
The location is on SR-28 near the US-31 interchange, with nearby corridor investment referenced in the remarks, including a 700-job solar manufacturing conversion of the former 781,500 SF Stellantis transmission plant.
The asset is positioned for operational flexibility. Five self-storage units are currently owner-occupied, with the potential to bring additional units to market through leasing. The property is supported by an in-place 6.10% cap rate on trailing revenue, with noted pro forma returns toward 7.1%.
The location is on SR-28 near the US-31 interchange, with nearby corridor investment referenced in the remarks, including a 700-job solar manufacturing conversion of the former 781,500 SF Stellantis transmission plant.
Key Highlights
- 4.92‑acre self‑storage and industrial site on SR‑28 (W Jefferson St)
- Three buildings totaling 22,969 SF across four bays
- Self‑storage units plus paved RV/vehicle storage
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 46072, IN
9,095
Population
4,034
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
92%
High-School Grad
109.8 sq mi
ZIP Area
83
Density / Sq Mi
$75,295
Median Household Income
$49,175
Median Earnings
$848
Median Rent
$169,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage site on SR-28 with paved RV/vehicle storage, three buildings, and multiple storage options.
Where is this self storage facility located?
The property is located at 813 W Jefferson St Tipton, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 4.92‑acre self‑storage and industrial site on SR‑28 (W Jefferson St); Three buildings totaling 22,969 SF across four bays; Self‑storage units plus paved RV/vehicle storage
