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Property profile & analytics
FOR LEASE
Industrial properties

3200 Sheffield Ave Hammond Hammond, IN 46327

1,000 SF 129.85 ac lot Built 1943
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-0479656
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tire Wholesalers Company, Inc. Big Box & Wholesale Store
  • Brenntag Specialties, LLC Chemical Plant
  • US Defense Logistics Agency Military Base
  • Wolf Lake Industrial Center Storage Facility
  • Berlin Metals LLC. Factory 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
by Request
Owner & transaction history
Wolf Lake Terminals INC · 4 yrs held
Wolf Lake Terminals INC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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