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Property profile & analytics
FOR LEASE
Manufacturing properties
300 E Chicago St, Syracuse, IN 46567
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-1704891
For Lease
1 / 12
$3 SF/Yr
300 E Chicago St, Syracuse, IN 46567
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
100,338 SF
Lot
12.94 ac (563,666 SF)
Zoning code
IND-2
APN
43-04-07-100-149.000-026
UPID
US31-1704891
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
Current use
Occupant on record · Public records
-
Polar Kraft Boats (Bike/Boat/Book/etc) Store Production Facility
-
Godfrey Marine Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Hurricane Boats (Bike/Boat/Book/etc) Store Production Facility
-
Synergy Design LLC Industrial Manufacturer Production Facility
-
Highwater-Syracuse Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Shore Capital LLC · 2 yrs held
Shore Capital LLC
since 2024
7 recorded transactions
Zoning & alternative use
IND-2 · Syracuse, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Syracuse submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$49,727
Tax year 2023
Assessed value
$2,906,300
Assessed 2023
Previous assessed
$2,906,300
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$689,500
Assessed improvement
$2,216,800
Land market value
$689,500
Improvement market value
$2,216,800
Total market value
$2,906,300
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
8
Stories
1
Total area
100,338 SF
Lot
12.94 ac (563,666 SF)
Zoning code
IND-2
APN
43-04-07-100-149.000-026
UPID
US31-1704891
Jurisdiction
KOSCIUSKO
Zoning & alternative use
IND-2 · Syracuse, IN
Zoning IND-2 · permitted uses
IND-2 · Syracuse, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
8
Lot
12.94 ac
Current owner
From public records · entity-resolved
Shore Capital LLC
Entity
Mailing address
2850 DECIO DR, ELKHART, IN 46514-7666
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
Shore Capital LLC
—
Deed
related
$1,000,000 · First State Bank Of Middlebury
Jan 31, 2024
$4,100,000
Shore Capital LLC
Malco LLC
Warranty Deed
$3,294,183 · First State Bank Of Middlebury
Jun 15, 2023
—
Malco LLC
—
Deed
related
$1,790,000 · Horizon Bank
May 17, 2021
—
Malco LLC
—
Deed
related
$2,065,000 · Fifth Third Bank NA
Jul 19, 2019
$1,700,000
Malco LLC
Tc Commercial Properties INC
Warranty Deed
$2,350,000 · Chemical Bank
May 6, 2016
—
Tc Properties INC
Highwater Marine LLC
Quitclaim Deed
related
—
Oct 12, 2015
—
Highwater Marine LLC
Nautic Global Group INC
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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