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Enclosed Storage Unit with Overhead Door
For Sale
$70,000

E-2-12771 N 825 E Road, Syracuse, IN 46567

24-by-40 storage unit with a 14-foot overhead door, 100-amp service, and fenced access with an electric gate opener.

Property Size960 SF
Price / SF$72.92
Days on Market116

Property Features for E-2-12771 N 825 E Road

General Information

Standard status Active
Size 960 SF

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 1
Heavy Power Yes

Additional Details

Fenced Yard Yes

Taxes and HOA fees

Annual Taxes $510
Listing Agency: Keller Williams Realty Group
Listed By: Rex Heil · License #RB14040080
Source: Exprealty
Added: Jun 20 Changed: Sep 13 Last Checked: Oct 13 at 12:41AM

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 Keller Williams Realty Group

Investment Insights

Based on property information with market context.

This enclosed self-storage unit offers a 24-by-40 layout totaling 960 square feet. Features include a 14-foot height overhead door, a 36-inch passage door, and a garage door opener. Interior lighting is provided by overhead lights, and the unit has 100 amp service. Inside walls are wrapped with OSB board, and all outside walls are insulated.

The property is part of a secured storage area with a security fence and an electric gate opener. It is located at E-2-12771 N 825 E Road in Syracuse, IN 46567.

The unit is set up for drive-up storage use, with both vehicle access through the overhead door and pedestrian access via the 36-inch passage door.

Key Highlights

  • 24‑by‑40 storage unit with 960 SF
  • 14‑foot overhead door for drive‑in access
  • 100‑amp service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,935
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$118,700 $118.7K
Cap Rate 7%
$84,786 $84.8K
Cap Rate 9%
$65,944 $65.9K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$9.2K $9.60/SF
− Vacancy
−$737 −$0.77/SF
EGI
$8.5K $8.83/SF
− OpEx
−$2.5K −$2.65/SF
NOI
$5.9K $6.18/SF
Area
Kosciusko County, IN
Vacancy
8.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$118,700
Cap Rate 7%
$84,786
Cap Rate 9%
$65,944

Alternative Uses

Best Use
Self Storage
$84.8K
$74.2K – $98.9K (±1% cap)
NOI $5,935 @ 7.0% cap · market cap 8.48%
Second Best
Warehouse
$65.7K
$57.5K – $76.7K (±1% cap)
NOI $4,602 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$167.2K
$146.3K – $195.1K (±1% cap)
NOI $11,707 @ 7.0% cap · market cap 16.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Real Estate Agency Travel Agency Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 46567, IN

9,773
Population
5,849
Households
1.7
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
57.3 sq mi
ZIP Area
171
Density / Sq Mi
$73,277
Median Household Income
$46,327
Median Earnings
$964
Median Rent
$228,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - 24-by-40 storage unit with a 14-foot overhead door, 100-amp service, and fenced access with an electric gate opener.
Where is this self storage facility located?
The property is located at E-2-12771 N 825 E Road Syracuse, IN.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 24‑by‑40 storage unit with 960 SF; 14‑foot overhead door for drive‑in access; 100‑amp service
More about this property
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