3600 Lake Park Ave Hobart, IN 46342
- Mixed-use properties
- 24.12 lot acres
Current Use by Public Records
- Flying Sky Ranch Storage, Inc. / Self-Storage Facility / Boat Storage Facility
- AUTO GLASS FITTERS / Auto Glass Shop
- Hobart Sky Ranch Airport-3HO / Airport
Property Details for 3600 Lake Park Ave
- Year built
- 1992
- Lot size
- 24.12 lot acres
- Property type
- Mixed-use properties
Description
This exceptional 24.12-acre mixed-use property in Hobart, Indiana, presents a unique investment opportunity. The centerpiece is a fully operational private airport featuring a 3,125-foot runway and multiple large hangars, totaling over 14,500 square feet of hangar space. One hangar boasts 88x60 dimensions, 14-foot ceilings, insulated walls and ceilings, a concrete floor, and a 50'W x 13'6"H electric hangar door. Additional hangar space includes a 50'W x 11'H bi-fold aviation door. Beyond aviation, the property offers significant income potential. Existing infrastructure includes numerous cold storage units for RVs, boats, and campers, along with 35 indoor and 10 outdoor U-Lock storage units. Expansive paved and landscaped areas provide further opportunities for outdoor storage. Office and conference room space is available, along with a 1,680 sq ft, three-bedroom, 2.5-bathroom manufactured home suitable for residential use or as headquarters. The property benefits from L-1 and B-2/3 zoning, allowing for diverse business ventures. Its strategic location near major interstate corridors (I-65, 80, 90, 94) and proximity to Gary/Chicago International Airport, Midway, and O'Hare provides excellent accessibility. The property is currently tax-exempt.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobart
- County
- Lake
- State
- Indiana
- Longitude
- -87.2625
- Latitude
- 41.5529
