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Property profile & analytics
OFF-MARKET
Specialty properties

1401 Texas St Gary, IN 46402

5.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Lot 5.5 ac (239,580 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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