2421 Ctr St Warsaw, IN 46580-3858
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 A · Warsaw, 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.