208 Elkhart St Wakarusa, IN 46573-9729
This exceptional commercial property in Wakarusa, Indiana, presents a significant opportunity for businesses seeking substantial warehouse space. Situated on a generous 1.84-acre lot, the property boasts over 16,000 square feet of warehouse area, offering ample room for storage, manufacturing, or distribution. The layout includes a large rear pole structure measuring 48 feet by 103 feet (4,944 square feet), featuring clear span trusses for maximum flexibility and efficient use of space. This structure is complemented by a front building constructed of block with steel trusses, providing additional storage or office space. Convenient access is ensured by multiple overhead doors strategically located throughout the property, facilitating easy loading and unloading of goods. A dedicated loading dock with an overhead door further enhances operational efficiency. The property's substantial size and versatile layout make it ideal for a wide range of commercial applications, offering significant potential for growth and expansion. The asking price is $250,000. This is a rare opportunity to acquire a large, well-equipped warehouse in a desirable location. Don't miss out on this chance to secure a valuable asset for your business.
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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
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Wakarusa, INCosts & 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.