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Property profile & analytics
OFF-MARKET Estimated value $585,000
Residential income homes

601 Market St Logansport, IN 46947-3180

12,984 SF 0.91 ac lot Built 1925
Entity Owned
Property ID
US31-1509629
Property summary
AI-generated overview

This 1820 square foot commercial building at 601 W Market Street in Logansport, Indiana, presents a fantastic opportunity for a variety of businesses. Situated on a 0.19-acre corner lot, this property boasts high visibility and accessibility due to its location in a high-traffic area. The building features a paved parking lot providing ample space for customers and employees. Inside, you'll find an office/reception area/lobby, a restroom, and three large bays equipped with overhead doors, ideal for warehousing, manufacturing, or retail operations. A fourth bay is available for storage, along with additional storage rooms throughout the building. While some drains have been filled with concrete, the restroom drains are functional. Prospective buyers are strongly encouraged to independently verify zoning with the Cass County Zoning Department and the Planning Department to ensure the property aligns with their intended use. This property offers a blend of office and warehouse space, making it a versatile option for various commercial ventures. The substantial parking area adds to its appeal, ensuring convenient access for both staff and clients.

Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1925
Construction TYPE NOT SPECIFIED
Total area 12,984 SF
Lot 0.91 ac (39,546 SF)
APN 09-17-44-302-002.000-010
UPID US31-1509629
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
  • Clear Skies Counseling Services Crisis Center Medical Clinic
  • Comprehensive Counciling Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k
Owner & transaction history
OLD POST OFFICE BUILDING LLC
OLD POST OFFICE BUILDING LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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