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Property profile & analytics
OFF-MARKET
Parking lots & garages

2421 Ctr St Warsaw, IN 46580-3858

577 SF 0.37 ac lot Built 1983
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US31-2105884
Property summary
AI-generated overview

This exceptional .37-acre commercial lot presents a remarkable investment opportunity in Warsaw, Indiana. Strategically located on the corner of East Center Street and Parker Street, this property benefits from significant daily traffic volume, ensuring high visibility for any future development. The lot offers convenient access from both streets, providing ample flexibility for building design and customer access. All essential utilities are readily available at the site, simplifying the construction process and reducing upfront costs. The property's prime location is further enhanced by its proximity to established businesses, including a Walgreens pharmacy directly across the street and the Penguin Point Restaurant immediately adjacent. This combination of high traffic, convenient access, utility availability, and desirable neighboring businesses makes this lot an ideal location for a variety of commercial ventures. The asking price for this exceptional property is $80,000. Don't miss this chance to secure a valuable piece of commercial real estate in a thriving Indiana community. The property is located at 2421 E Center St, Warsaw, IN 46580, within Kosciusko County.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1983
Construction WOOD
Total area 577 SF
Lot 0.37 ac (16,002 SF)
Zoning code C-3 A
APN 43-11-09-200-727.000-032
UPID US31-2105884
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Zimmerman Land Co Ltd · 4 yrs held
Zimmerman Land Co Ltd
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
C-3 A · Warsaw, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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