Commercial Building with Overhead
906 Calumet Avenue Valparaiso, IN 46383
906 Calumet Avenue, Valparaiso, IN, 46383
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For Sale
Contact for pricing
Flexible commercial building with five overhead doors, offices, fenced yard, and truck-friendly access for versatile operations.
Property Size10,388 SF
Lot Size0.76 Acres
Price / SF$125.14
Days on Market51
Property Features for 906 Calumet Avenue
General Information
- Standard status
- Active
- Size
- 10,388 SF
- Lot size
- 0.76 Acres
- Property subtype
- Mixed Use, Industrial
Building Details
- Year Built
- 1969
Listing agency
Evolution Real Estate Solutions
Listed by
Ken Blaney · License #RB14050646
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 4:32AM
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 Evolution Real Estate Solutions
Investment Insights
Based on property information with market context.
The property is a 10,388 square foot commercial building on 0.76 acres, designed for both operational and administrative use. It includes five large overhead doors that support loading, unloading, and workshop access, along with offices for private workspaces and administrative needs. The building is described as having solid construction, high ceilings, and an open floor plan intended to accommodate a range of layouts and workflows.
The site offers practical improvements for day-to-day operations, including ample on-site parking and yard space. The property is fenced in and positioned in a high-visibility, accessible commercial corridor, with access intended to work well for trucks and deliveries.
For tenants or buyers seeking a flexible setup that combines warehousing or service capabilities with dedicated office space, this configuration can support a variety of commercial and warehouse uses. The overhead door count, fenced yard, and truck-oriented access make it well suited for businesses that require regular inbound and outbound handling while maintaining on-site administrative space.
The site offers practical improvements for day-to-day operations, including ample on-site parking and yard space. The property is fenced in and positioned in a high-visibility, accessible commercial corridor, with access intended to work well for trucks and deliveries.
For tenants or buyers seeking a flexible setup that combines warehousing or service capabilities with dedicated office space, this configuration can support a variety of commercial and warehouse uses. The overhead door count, fenced yard, and truck-oriented access make it well suited for businesses that require regular inbound and outbound handling while maintaining on-site administrative space.
Key Highlights
- 10,388 SF commercial building on 0.76 acres with flexible space for commercial and warehouse uses
- Five (5) large overhead doors for loading, unloading, or workshop access
- Includes office space with private workspaces for administrative and work functions
Local Financial Insights For Flex RnD
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 | $103.5k | $9.96 |
| − Vacancy | −$8.5k | −$0.82 |
| EGI | $95.0k | $9.14 |
| − OpEx | −$33.2k | −$3.20 |
| NOI | $61.7k | $5.94 |
10,388 SF · lease $9.96/SF/yr · vacancy 8.21% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.78M
$1.56M – $2.08M
NOI $124,793 @ 7.0% cap · market cap 9.60%
Second Best
Flex RnD
$881.9K
$771.6K – $1.03M
NOI $61,731 @ 7.0% cap · market cap 4.75%
Theoretical Best
Healthcare Medical
$3.94M
$3.44M – $4.59M
NOI $275,599 @ 7.0% cap · market cap 21.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Beef Mart of Valparaiso — 614 Roosevelt Rd, Valparaiso, IN 46383
FAQs
What type of property is this?
Flex space - Flexible commercial building with five overhead doors, offices, fenced yard, and truck-friendly access for versatile operations.
Where is this flex space located?
The property is located at 906 Calumet Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 10,388 SF commercial building on 0.76 acres with flexible space for commercial and warehouse uses; Five (5) large overhead doors for loading, unloading, or workshop access; Includes office space with private workspaces for administrative and work functions
