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    801 Main St Griffith, IN 46319-2883

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    801 Main St Griffith, IN 46319-2883


    • Industrial properties
    • 10,560 SF
    • 28.80 lot acres
    Off-Market
    Property ID
    US31-0525138
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $755,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Asphalt Company / Construction Company / General Contractor
    • 1210 Main St-ready Mix / Real Estate Agency
    • Austgen Properties Inc. / Apartment Rental Agency / Commercial Real Estate Agency
    • Joker diesel treat / Auto Repair Shop
    • Legacy Heat Treatment / Factory / Production Facility

    Property Details for 801 Main St

    Year built
    1964
    Construction
    WOOD
    Lot size
    28.80 lot acres
    Property size
    10,560 SF
    Property type
    Industrial properties
    APN
    45-11-02-201-009.000-006
    APU
    451102201009000006

    Description

    This single-tenant warehouse, located at 801 E Main St, Griffith, IN 46319, offers 2,400 square feet of versatile space (48' wide x 50' deep), expandable up to 4,000 sq ft. The property features a 12' x 12' overhead door, perfect for easy access for large items and vehicles. While it lacks heating and a bathroom, motion-sensor lighting is included, with electricity covered by the landlord. This space is ideal for various uses, including home furnishing storage, vehicle storage (cars, boats, RVs), business goods storage (inventory, equipment), and boat/recreational equipment storage. The high ceilings allow for efficient stacking of items, maximizing storage capacity. The property is situated in Lake County, Indiana, offering convenient access to major transportation routes. Its secure and spacious layout makes it an excellent choice for businesses and individuals needing ample storage solutions. The property is a single-tenant space, providing privacy and control. This warehouse presents a cost-effective solution for a variety of storage needs.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $530,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,020,000
      6.5%
      $945,000
      7%
      $875,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $788,000
      Market price range: $273k - $788k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $510,000
      Current use
      RESTAURANT
      $920,000
      Change: +81% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $805,000
      Change: +57% Conversion: Difficult
      RETAIL STORES
      $700,000
      Change: +37% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $660,000
      Change: +29% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $625,000
      Change: +22% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Griffith
    County
    Lake
    State
    Indiana
    Longitude
    -87.4205
    Latitude
    41.5204
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $55,071
    $800,300
    $1,265,500
    $2,065,800
    -
    $800,300
    $1,265,500
    $2,065,800
    More about this property
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