300 Chicago St Syracuse, IN 46567
- Warehouses
- 12,000 SF
- 18.08 lot acres
Current Use by Public Records
- Polar Kraft Boats / Boat Builders
- Godfrey Marine / Marine Supply Store
- Hurricane Boats / Boat Builders
- Synergy Design LLC / Manufacturer
- Highwater-Syracuse / Manufacturer
Property Details for 300 Chicago St
- Year built
- 1986
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 18.08 lot acres
- Property size
- 12,000 SF
- Zone code
- IND-2
- Property type
- Warehouses
- APN
- 43-04-08-400-542.000-026
- APU
- 430408400542000026
Description
This Syracuse, Indiana industrial campus offers flexible space ideal for manufacturing, warehousing, or flex uses. The property comprises multiple buildings totaling 228,130 square feet, with divisible units ranging from 5,000 to 170,530 contiguous square feet. Built in 1957 and zoned for light industrial use, the property boasts a variety of features including multiple loading options, ceiling heights ranging from 15 to 25 feet, and a fully equipped paint line with booths. Many buildings are equipped with cranes and hoists, and 3-phase power is available. Additional outdoor storage space is available, along with covered open-wall structures. The property benefits from a low operating cost environment and a convenient location in Kosciusko County, just 3 miles from US-6 and 5 miles from State Road 15, providing easy access to Goshen, Elkhart, and Warsaw. This is a prime opportunity for businesses seeking versatile and well-equipped industrial space in a strategic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,970,000
- 6.5%
- $3,760,000
- 7%
- $4,085,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,780,000
- Geo Method
- $3,815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,855,000
- Retail
- $3,965,000
- Mixed-Use
- $3,660,000
- Hospitality
- $4,510,000
- Educational
- $3,590,000
- Residential Income
- $3,460,000
- Energy
- $3,665,000
- Income-Based Land
- $4,665,000
- Food Service
- $4,240,000
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Kosciusko
- State
- Indiana
- Longitude
- -85.7427
- Latitude
- 41.4201
- CBSA code
- 47700
- CBSA name
- WARSAW, IN MICROPOLITAN STATISTICAL AREA