Property profile

412 Matteson St Dyer, IN 46311

OFF-MARKET
Manufacturing properties
Property ID
US31-0991854
25,386 SF 0.94 ac lot Built 1977
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,890-square-foot warehouse, located at 412 Matteson Street in Lake County, presents a significant opportunity for industrial businesses seeking immediate occupancy. Built in 1977, this single-tenant property boasts a spacious layout ideal for various operational needs. The warehouse features a 14.5-foot ceiling height, providing ample vertical storage capacity. Access is facilitated by one drive-in door. The property includes 1,200 square feet of office space, thoughtfully designed with a break room, private office, and bathroom, enhancing both functionality and employee comfort. Power is supplied by a robust 3-phase electric system, rated at 600 volts and 400 to 800 AMPs. The warehouse is equipped with a sprinkler system and compressed air lines, ensuring a safe and efficient work environment. Ample outside parking is available for employees and visitors. The property is zoned for heavy industrial use, offering flexibility for a wide range of businesses. This well-maintained warehouse is ready for immediate occupancy, offering a turnkey solution for businesses seeking a functional and efficient space in a desirable Lake County location. The property is currently vacant, allowing for immediate customization to meet specific operational requirements.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 25,386 SF
Lot 0.94 ac (40,729 SF)
APN 45-10-12-408-001.000-034
UPID US31-0991854

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
  • Importer

Location

412 Matteson St Dyer, IN 46311-1570
Dyer metro Census 42803 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$555k

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2018
Price N/A
2013
Price N/A
2010
Price N/A
2007
Price N/A
2004
Price N/A
1969
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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