Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    30 & Sr 15 Warsaw, IN 46580

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    30 & Sr 15 Warsaw, IN 46580

    View on Map
    • Land
    • 17.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 30 & Sr 15

    Lot size
    17.00 lot acres
    Property type
    Land

    Description

    This exceptional 17-acre commercial land parcel presents a unique investment opportunity in Kosciusko County, Indiana. Strategically located at the high-traffic intersection of US 30 and State Road 15, this site boasts an estimated 20,000 average annual daily traffic (AADT), ensuring high visibility and accessibility for any commercial venture. The property benefits from a signalized intersection at State Road 15, providing convenient ingress and egress for customers and employees. All necessary infrastructure is already in place, including municipal sewer and public water utilities, significantly reducing development costs and timelines. This ready-to-develop site is ideal for a variety of commercial uses, offering significant potential for growth and return on investment. The property's location in Warsaw, Indiana, zip code 46580, places it within a thriving community with a strong local economy. The coordinates are 41.2683571 latitude and -85.8600877 longitude. This prime commercial land offers an unparalleled opportunity to establish a successful business in a high-demand location. Don't miss this chance to secure a piece of this vibrant commercial corridor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Warsaw
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.8601
    Latitude
    41.2684

    Comparable in this City

    • Value Estimation by Request
      1.60 Acres

      2 Plaza Dr

      Land • 1.60 Acres
      2 Plaza Dr, Warsaw, IN 46580
      View Details
    • Value Estimation by Request
      0.66 Acres

      1 Plaza Dr

      Land • 0.66 Acres
      1 Plaza Dr, Warsaw, IN 46580
      View Details
    • Value Estimation by Request
      0.83 Acres

      Us 30 & Anchorage Pt

      Land • 0.83 Acres
      0 Us 30 & Anchorage Pt, Warsaw, IN 46580
      View Details
    • Value Estimation by Request
      105.00 Acres

      664 Hoppus Rd

      Farms • 3,340 SF
      664 Hoppus Rd, Warsaw, IN 46580
      View Details
    • Value Estimation by Request
      3.27 Acres

      900 Executive Dr

      Land • 3.27 Acres
      900 Executive Dr, Warsaw, IN 46580
      View Details
    • Value Estimation by Request
      0.36 Acres

      1403 Detroit St

      COMMERCIAL (GENERAL) • 0.36 Acres
      1403 Detroit St, Warsaw, IN 46580-2924
      View Details

    Similar Nearby for Sale

    • $849,900
      Pending

      Prime Commercial Development Opportunity

      2.28-acre commercial development parcel in Warsaw, Indiana.
      Escalade Way, Warsaw, IN 46580
      View Details
    • $482,240
      30.14 Acres

      Recreational Land Near Carr Lake

      30.14+/- acres of recreational woods near Carr Lake.
      W Hoppus Rd, Warsaw, IN 46580
      View Details
    • $3,000,000
      Pending

      Warsaw Land: Development Opportunity

      48+ acres in Warsaw, IN, ideal for development.
      1825 W Winona Ave, Warsaw, IN 46580
      View Details
    • $57,000
      8.62 Acres

      Versatile Land in Warsaw, Indiana

      8.6 acres of diverse land with wetland habitat.
      700 N 700 W, Warsaw, IN 46580
      View Details
    • Contact for pricing

      Land Near Springhill Subdivision

      Land near residential subdivision and retail complex.
      1849 Springhill Rd, Warsaw, IN 46580
      View Details
    • Contact for pricing
      0.34 Acres

      Wooded Residential Land Opportunity

      Residential land outside city limits.
      2 Rivercrest Dr, Warsaw, IN 46580
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Retail Center in Warsaw, Indiana

      Retail spaces available in a 15-unit center with high traffic.
      3620 Commerce Dr, Warsaw, IN 46580
      View Details
    • $5 SF/Yr
      9,302 SF

      Warsaw Office Building For Lease

      Office building with high visibility and traffic, multiple space options.
      713 S Buffalo St, Warsaw, IN 46580
      View Details
    • $5 SF/Yr
      16,046 SF

      Warsaw Industrial Flex Space

      16,046 SF Flex Space, US-30 Frontage
      2691 Us Highway 30, Warsaw, IN 46580
      View Details
    • $600 /Mo
      1,063 SF

      Office Space Near US 30

      Office space with open workspace, private offices, and breakroom.
      2280 Provident Ct, Warsaw, IN 46580
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail spaces available for lease at Commerce Drive, Warsaw.
      3620 Commerce Dr, Warsaw, IN 46580
      View Details
    • $12 SF/Yr
      2,000 SF

      Retail Center Suites Available

      Multiple suites in a 15-unit retail center for lease.
      3620-3646 Commerce Dr, Warsaw, IN 46580
      View Details
    Request Owner's contact information
    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.
    30 & Sr 15
    Warsaw, IN 46580
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!