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Property profile & analytics
OFF-MARKET
Warehouses

6718 Kennedy Ave Hammond, IN 46323

11,206 SF 1.03 ac lot Built 1941
Property ID
Property summary
AI-generated overview

This exceptional 11,206-square-foot industrial/flex space building presents a compelling investment opportunity in Hammond, Indiana's Hessville neighborhood. Located on over an acre of land (five parcels totaling 1.03 acres) with 270 feet of frontage on Kennedy Avenue, this property offers unparalleled access to a thriving business environment and a skilled workforce, thanks to its proximity to Purdue University Northwest. The building, constructed in 1941 and classified as Class B, boasts convenient access to major expressways. Its versatile C1 zoning allows for a wide range of uses. The building features four garage doors (three 8-foot doors on the west side and one 10-foot door on the south side), ensuring efficient loading and unloading. Ample parking is also available. Currently vacant, the property is available for occupancy starting July 1, 2024. Priced at $649,000 ($57.92 per square foot), this single-story building represents a significant opportunity for owner-users seeking a strategic location and adaptable space. The property's size and features make it ideal for various industrial and flex space needs.

Property profile
Verified
Property type Warehouses
Year built 1941
Total area 11,206 SF
Lot 1.03 ac (44,867 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hose Connections Inc Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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