15400 State Road 60 Borden, IN 47106
This exceptional commercial property, located at 15400 State Road 60 in Borden, Indiana, offers a versatile 875 square foot (25' x 35') shop or warehouse space ideal for a variety of small business needs or storage. The unit features a separate entrance, ensuring convenient access and privacy. Recent upgrades include new LED lighting and a new concrete floor, providing a bright, clean, and functional workspace. A large 12' x 12' sliding door leads to a rear gated parking lot, offering secure access and ample space for loading and unloading. The monthly lease rate is $450, plus electricity, with the exact cost dependent on tenant usage. This property presents a fantastic opportunity for entrepreneurs seeking a well-maintained and conveniently located space to establish or expand their business. Additional storage options, including exterior RV storage, are also available. Interested parties should visit the BIG RED ONE STORAGE website for registration or contact information. The property is conveniently located on State Road 60 in Borden, Indiana.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.