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Property profile

3200 Sheffield Ave Hammond Hammond, IN 46327

FOR LEASE
Industrial properties
Property ID
US31-0479656
1,000 SF 129.85 ac lot Built 1943
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 3200 Sheffield Ave in Hammond, Indiana, offers a significant opportunity for businesses seeking flexible and expansive warehouse or manufacturing space. The property encompasses a total of 600,000 square feet across three buildings situated on a substantial 72-acre lot. Multiple tenancy options are available, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 100,000 square feet. Currently, 100,000 square feet is vacant and ready for immediate occupancy. The buildings feature ceiling heights ranging from 16 to 18 feet, providing ample vertical space for various operational needs. The property is equipped with heavy power, essential for energy-intensive manufacturing processes. Located in Lake County, Indiana, with a zip code of 46327, this prime location offers excellent access to transportation networks and a skilled workforce. This is an ideal opportunity for businesses seeking a large-scale industrial space with the flexibility to accommodate diverse operational requirements. The property's size and features make it suitable for a wide range of industrial uses, from warehousing and distribution to light and heavy manufacturing. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1943
Construction WOOD
Total area 1,000 SF
Lot 129.85 ac (5,656,222 SF)
APN 45-02-24-126-001.000-023
UPID US31-0479656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Chemical Plant
  • Military Base
  • Storage Facility
  • Factory Production Facility

Location

3200 Sheffield Ave, Unit Hammond Hammond, IN 46327
Hammond metro Census 20300 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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