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Property profile

4531 Columbia Ave Hammond, IN 46327

OFF-MARKET
Warehouses
267,093 SF
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Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 4531 Columbia Avenue in Hammond, Indiana, offers 80,000 square feet of immediately available space within a larger 267,093 square foot building. The property is a single-story structure boasting impressive 20-30 foot clear ceiling heights, making it suitable for a variety of industrial uses. Eight large drive-in doors provide convenient access for loading and unloading, significantly enhancing operational efficiency. The space includes one 5-ton overhead crane, a valuable asset for certain industrial operations. The property is situated in Lake County, Indiana, with the zip code 46327. Heavy power is available on-site, catering to businesses with significant energy demands. Furthermore, there is additional land available for expansion or future development, presenting a unique opportunity for growth. The minimum divisible space is 80,000 square feet, making it perfect for a single large tenant or multiple smaller tenants. This is a multi-tenant building.

Property profile

Verified
Property type Warehouses
Total area 267,093 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

4531 Columbia Ave Hammond, IN 46327
Hammond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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