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    Property profile & analytics
    OFF-MARKET Estimated value $780,000
    Manufacturing properties

    412 Matteson St, Dyer, IN 46311-1570

    25,386 SF 0.94 ac lot Built 1977
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US31-0991854
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Elite Sales Inc Importer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $555k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.00M
    Blend (final) Blend
    $780k
    Owner & transaction history
    Elite Indiana Holdings LLC · 6 yrs held
    Elite Indiana Holdings LLC
    since 2019
    7 recorded transactions
    2019
    2018
    2013
    2010
    2007
    2004
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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