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Property profile & analytics
OFF-MARKET
Manufacturing properties

100 Raymond St Hope, IN 47246-9382

32,374 SF 6.47 ac lot Built 1988
Entity Owned 13-yr Hold Free & Clear
Property ID
US31-2071598
Property summary
AI-generated overview

This exceptional 32,374 square foot industrial property, situated on a generous 6.47-acre lot at 100 Raymond Street in Hope, Indiana, presents a compelling investment opportunity. Its strategic location offers easy access to both I-65 and I-74, providing seamless connectivity for logistics and transportation needs. Currently zoned for Industrial/Light Manufacturing, the building is ready for immediate occupancy, making it an attractive option for businesses seeking a quick start. The property boasts significant features including two expansive steel-beamed covered work yards, providing ample outdoor storage and operational space, north and south facing. Access is facilitated by four large bay doors, ensuring efficient loading and unloading. Internal spaces include multiple office areas, perfect for administrative functions and team collaboration, along with two break rooms for employee convenience and a dedicated conference room for meetings and presentations. Three bathrooms are available, one of which includes a shower stall, catering to a range of employee needs. Adding to the property's versatility are two attached garage-style storage units, offering additional secure storage capacity. A recent comprehensive inspection, encompassing both Phase I and Phase II environmental assessments, has been completed, providing peace of mind to potential buyers. This property represents a rare combination of size, location, and functionality, making it an ideal choice for businesses seeking to expand or relocate in a thriving industrial area.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1988
Construction TYPE NOT SPECIFIED
Total area 32,374 SF
Lot 6.47 ac (281,833 SF)
APN 03-07-21-240-000.200-014
UPID US31-2071598
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
  • Rusach International Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Raum LLC · 13 yrs held
Raum LLC
since 2013
2 recorded transactions
2013
Price N/A
2013
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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