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    475 Superior Ave Munster, IN 46321

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    Large Single-Tenant Industrial/Office Building in Munster, IN

    Lot size:
    451,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 451,240-square-foot industrial/office property, located at 475 Superior Ave in Munster, Indiana, presents a significant opportunity for a single tenant. Situated on a substantial 21.46-acre lot, the building boasts a spacious layout ideal for a variety of uses. Constructed in 1989, the property features a remarkable 30-foot ceiling height, providing ample vertical space for storage or specialized equipment. The building is currently entirely vacant, offering immediate occupancy for a qualified tenant. The property includes 53 total parking spaces and 15 convenient drive-in bays, ensuring efficient loading and unloading operations. Power is robust, with 1,200 amps of 277/480V service available. The property is zoned CD-4B within Lake County and offers a unique combination of office and warehouse space, making it suitable for a diverse range of businesses. The property's size, amenities, and location in Munster, IN, make it an attractive option for companies seeking a large, functional space. The address is 475 Superior Ave, Munster, IN 46321. This is a single-tenant property.

    Property Features for 475 Superior Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    451,240 SF

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Available Space
    Size
    451,240 SF

    HighLights

    • 451,240 SF industrial warehouse
    • 21.46‑acre site
    • ±6,056 SF of office space
    • 63 exterior loading docks
    • Drive‑in door
    • 30' clear height
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GE Chicago Distribution ... Warehouse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Munster
    County
    Lake
    State
    Indiana
    Longitude
    -87.5165571
    Latitude
    41.5391215

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    FAQs

    What type of property is this?
    Distribution property - Large Single-Tenant Industrial/Office Building in Munster, IN
    Where is this distribution property located?
    The property is located at 475 Superior Ave Munster, IN.
    What are key features of this property?
    This property features: 451,240 SF industrial warehouse; 21.46-acre site; ±6,056 SF of office space
    Request Owner's contact information
    475 Superior Ave Munster, IN 46321
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    Munster, IN 46321
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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
    475 Superior Ave Munster, IN 46321
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