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    578 Indiana Ave Crown Point, IN 46307

    For Lease
    $15 SF/Yr ($13,125 /Mo)

    10,500 SF Warehouse, Multiple Suites

    Lot size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Crown Point, Indiana warehouse property, located at 578 N Indiana Ave, 46307, offers a flexible workspace solution. The single-story, 10,500 square foot building, constructed in 2008, is classified as Class B and features a total of two suites. The property is ideally suited for multiple tenants, with a minimum divisible space of 3,500 square feet and a maximum contiguous space of 10,500 square feet, providing options for businesses of varying sizes. Situated in Lake County, this office/industrial space presents a unique opportunity to establish or expand operations in a convenient location. The building's single-story design ensures easy accessibility and efficient workflow. The property's address is easily accessible from major roadways, offering convenient transportation links for employees and clients. Currently, one suite is available, presenting an immediate opportunity for occupancy. This versatile space is perfect for businesses seeking a blend of office and warehouse functionality. The property's size and layout offer significant potential for customization to meet specific business needs. Don't miss this chance to secure prime warehouse space in a thriving Indiana location.

    Property Features for 578 Indiana Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,500 SF
    Class
    B
    Total Rate
    13125

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,500 SF
    Rate per SF
    $15

    HighLights

    • High ceilings throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crown Point
    County
    Lake
    State
    Indiana
    Longitude
    -87.353853357189
    Latitude
    41.423903606126

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    FAQs

    What type of property is this?
    Distribution property - 10,500 SF Warehouse, Multiple Suites
    Where is this distribution property located?
    The property is located at 578 Indiana Ave Crown Point, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: High ceilings throughout.; ;
    Request Owner's contact information
    578 Indiana Ave Crown Point, IN 46307
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    Crown Point, IN 46307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    578 Indiana Ave Crown Point, IN 46307
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