1401 Texas St Gary, IN 46402
This exceptional 5.5-acre industrial property, located at 1401 Texas Street in Gary, Indiana, 46402, presents a unique leasing opportunity. The property is classified as Industrial, Land, and Special Purpose, offering versatile usage options for a single tenant. Key features include ample space for truck/vehicle parking or equipment storage within a fully fenced yard, ensuring security and control. The perimeter is illuminated by energy-efficient LED lights, enhancing visibility and safety. Access is controlled via automatic gates equipped with keypad and remote entry systems, providing added security. A significant advantage is the property's convenient location, offering easy on/off access to the 15th Avenue interchange, providing immediate connectivity to Interstates I-65, I-90, I-80, and I-94. The property boasts 200 amp electric service. The property is available for lease beginning August 2024. This location offers excellent accessibility and logistical advantages for businesses requiring substantial outdoor storage or operational space. The combination of security features, ample space, and strategic location makes this a highly desirable industrial property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.