Property profile

1020 Indiana Hwy 212 Michigan City, IN 46360

OFF-MARKET
Warehouses
Property ID
US31-2254886
46,354 SF 3.17 ac lot Built 1952
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1952
Construction WOOD
Total area 46,354 SF
Lot 3.17 ac (138,259 SF)
APN 46-01-25-451-002.000-022
UPID US31-2254886

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1020 Indiana Hwy 212 Michigan City, IN 46360
Michigan City metro Census 41300 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
$732k
Blend (final) Blend
$455k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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