Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3661 Us-27 Winchester, IN 47394

    Sponsored
    For Sale
    $2,200,000

    High-Demand Climate-Controlled Units, Excellent ROI

    Property size:
    29,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A self-storage facility presents a compelling value-add investment opportunity in Winchester, Indiana. Boasting 29,000 net rentable square feet across three single-story buildings, this newly developed (2023) property comprises 153 units, including climate-controlled options. Currently operating at 75% occupancy, with a projected full occupancy date of November 7, 2024, the facility generates a strong NOI of $153,401, yielding a 6.97% cap rate. The asking price is $2,200,000, translating to $75.86 per square foot and $14,379.08 per unit. Situated on a 7-acre lot with ample outside parking (14,500 sq ft, 50 spaces), the property benefits from a prime location on US Highway 27, a major north-south thoroughfare connecting Fort Wayne and Cincinnati. The property is zoned commercial and features 8-14ft ceiling heights. Significant expansion potential exists, with site work already completed for a planned second phase adding another 40,000 square feet, bringing the total to 69,000 square feet. All necessary approvals and entitlements are in place for this expansion. This fee-simple ownership offers a turnkey operation with immediate cash flow and substantial upside potential. The gross lease structure simplifies management.

    Property Features for 3661 Us-27

    General Information

    Property type
    Self storage facilities
    Square Feet
    29,000 SF
    Class
    A
    Lot Size
    304,920 SF

    Building Details

    Year Built
    2023
    Buildings
    3
    Stories
    1
    Units
    153

    HighLights

    • New turnkey development in Winchester, IN.
    • 29,000 square feet of net rentable space with 153 units.
    • 14,500 square feet of outdoor parking with 50 spaces.
    • Three‑building complex.
    • Value‑add opportunity: potential to add four more buildings, increasing net rentable space to 79,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Winchester
    County
    Randolph
    State
    Indiana
    Longitude
    -84.975869597241
    Latitude
    40.214977040096

    Nearby Comparable

    • $289,900
      0.08 Acres

      Winchester Commercial Building Opportunity

      Prime Downtown Location, Versatile Space
      103 East St, Winchester, IN 47394
      View Details
    • $999,000
      3,100 SF

      Winchester Retail Investment Opportunity

      High-traffic, multi-tenant retail building.
      620 Washington St, Winchester, IN 47394
      View Details
    • $999,000
      0.78 Acres

      Winchester Retail Investment Opportunity

      High-traffic commercial property with long-term tenants in place.
      620 E Washington St, Winchester, IN 47394
      View Details
    • $69,900
      2.38 Acres

      Randolph County Agricultural Land

      2.38 acres with livestock barn near IN-32.
      500 W 500 N, Winchester, IN 47394
      View Details
    • $249,900
      1.49 Acres

      Prime Commercial Land Near US 27

      1.48-acre commercial land parcel near Walmart and thriving businesses.
      Tbd Progress Blvd, Winchester, IN 47394
      View Details
    • $249,900
      0.74 Acres

      Winchester Commercial Building - US-32

      High-traffic location, prime commercial space.
      305 Washington St, Winchester, IN 47394
      View Details
    • $349,900
      3.57 Acres

      Winchester Commercial Land Opportunity

      3.57+/- acre commercial land parcel in high-traffic location.
      Tbd Symmes Ctr Dr, Winchester, IN 47394
      View Details
    • $349,900
      3.57 Acres

      Winchester Commercial Land - 3.57 Acres

      Prime Commercial Land, High Traffic Area
      0 Tbd Symmes Ctr Dr, Winchester, IN 47394
      View Details
    • $364,900
      3.44 Acres

      Winchester, IN Land - 3.44 Acres

      Prime Commercial Land, High Traffic Area
      0 Tbd Symmes Ctr Dr, Winchester, IN 47394
      View Details
    • $364,900
      3.44 Acres

      Winchester Commercial Land For Sale

      3.44 acre commercial land parcel in Winchester, Indiana.
      Tbd Symmes Ctr Dr, Winchester, IN 47394
      View Details
    • $349,900
      1.37 Acres

      Versatile Commercial Property in Winchester

      Adaptable commercial space with excellent visibility and flexible indoor/outdoor layout.
      395 Symmes Ctr Dr, Winchester, IN 47394
      View Details
    • Contact for pricing
      Pending

      Productive Tillable Land For Sale

      194 acres of prime agricultural land in Randolph County, Indiana.
      500 N & 300 W, Winchester, IN 47394
      View Details

    Nearby Similar for Sale

    • $349,900
      1.37 Acres

      Versatile Commercial Property in Winchester

      Adaptable commercial space with excellent visibility and flexible indoor/outdoor layout.
      395 Symmes Ctr Dr, Winchester, IN 47394
      View Details
    • $999,000
      0.78 Acres

      Winchester Retail Investment Opportunity

      High-traffic commercial property with long-term tenants in place.
      620 E Washington St, Winchester, IN 47394
      View Details
    • $289,900
      0.08 Acres

      Winchester Commercial Building Opportunity

      Prime Downtown Location, Versatile Space
      103 East St, Winchester, IN 47394
      View Details
    • $249,900
      0.74 Acres

      Winchester Commercial Building - US-32

      High-traffic location, prime commercial space.
      305 Washington St, Winchester, IN 47394
      View Details
    • $999,000
      3,100 SF

      Winchester Retail Investment Opportunity

      High-traffic, multi-tenant retail building.
      620 Washington St, Winchester, IN 47394
      View Details
    • $299,900
      4.07 Acres

      Winchester Processing Plant - 4 Acres

      Turn-key meat processing facility, 4 acres.
      1625 300, Winchester, IN 47394
      View Details

    FAQs

    What type of property is this?
    Self storage facility - High-Demand Climate-Controlled Units, Excellent ROI
    Where is this self storage facility located?
    The property is located at 3661 Us-27 Winchester, IN.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: New turnkey development in Winchester, IN.; 29,000 square feet of net rentable space with 153 units.; 14,500 square feet of outdoor parking with 50 spaces.
    (812) 477-6980
    Request Owner's contact information
    3661 Us-27 Winchester, IN 47394
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3661 Us-27
    Winchester, IN 47394
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3661 Us-27 Winchester, IN 47394
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.