Insulated Warehouse
For Sale
$82,900
E-7-12771 N 825 E Road, Syracuse, IN 46567
A loft, service door, and 100-amp electrical service complement the storage space.
Property Size960 SF
Price / SF$86.35
Days on Market8
Property Features for E-7-12771 N 825 E Road
General Information
Standard status
Active
Size
960 SF
Warehouse & Industrial
Clear Height
16 ft
Mezzanine
288 SF
Drive-In Doors
1
Power
100 amps
Additional Details
Fenced Yard
Yes
Property Use
Self Storage
Taxes and HOA fees
Annual Taxes
$640
Building Details
Year Built
2025
Listing Agency:
PB Glancy Real Estate Group
Listed By:
Perry Glancy · License #RB19001559
(317) 873-0405
Source:
Exprealty
Added: Oct 21
Changed: Oct 26
Last Checked: Oct 26 at 9:46PM
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 PB Glancy Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2025-built warehouse condo measures 24' x 40' and has a 16-foot ceiling. Its 12' x 14' electric overhead door is accompanied by a 36-inch service door, and the unit has a 100-amp service panel. Insulation covers the walls and ceiling; additional electrical outlets, lighting, white-painted walls, a center floor drain, and outdoor security lights are also included.
An enclosed 12' x 24' loft has a window and a nine-lite door. The unit also includes an 8-foot workbench and diamond-plate trim at the entry. It is located within a gated complex comprising five buildings.
An enclosed 12' x 24' loft has a window and a nine-lite door. The unit also includes an 8-foot workbench and diamond-plate trim at the entry. It is located within a gated complex comprising five buildings.
Key Highlights
- 24' x 40' warehouse condo built in 2025
- 16‑foot ceiling; walls and ceiling are insulated
- 12' x 14' electric overhead door and 36‑inch service door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,602
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,040
$92.0K
Cap Rate 7%
$65,743
$65.7K
Cap Rate 9%
$51,133
$51.1K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$5.8K $6.00/SF
− Vacancy
−$346 −$0.36/SF
EGI
$5.4K $5.64/SF
− OpEx
−$812 −$0.85/SF
NOI
$4.6K $4.79/SF
Area
Kosciusko County, IN
Vacancy
6.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,040
Cap Rate 7%
$65,743
Cap Rate 9%
$51,133
Alternative Uses
Best Use
Warehouse
$65.7K
$57.5K – $76.7K
NOI $4,602 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.2K
$146.3K – $195.1K
NOI $11,707 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Protech Marine Inc — 12734 N Bishop Rd, Syracuse, IN 46567
- Red Barn Self-Storage — 8211 E 1290 N, Syracuse, IN 46567
Frequently Asked Questions
What type of property is this?
Warehouse - A loft, service door, and 100-amp electrical service complement the storage space.
Where is this warehouse located?
The property is located at E-7-12771 N 825 E Road Syracuse, IN.
What is the asking price?
The asking price for this property is $82,900.
What are key features of this property?
This property features: 24' x 40' warehouse condo built in 2025; 16‑foot ceiling; walls and ceiling are insulated; 12' x 14' electric overhead door and 36‑inch service door
