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Property profile & analytics
OFF-MARKET
Warehouses

9313 300th W Lake Village, IN 46349-9002

1,800 SF 2.55 ac lot Built 1995
Individually Owned Absentee Owner Free & Clear
Property ID
US31-2584924
Property summary
AI-generated overview

This exceptional 2.55-acre commercial property in Lake Village, Indiana (46349), presents a compelling owner-user or investment opportunity. The property, zoned B-1, includes a 15-unit self-storage facility currently generating an average monthly rental income of $750 per unit, below market rates, offering immediate return potential. A substantial 2700 square foot commercial garage/warehouse is also included, featuring two overhead doors with openers, three-phase electric, furnace heat/air conditioning, a car lift, and a 13-foot clear ceiling height. An additional one-car garage provides versatile space for parking, storage, or as an extra storage unit. The property's expansive lot size allows for significant future expansion, with ample room to add more buildings, warehouses, storage units, exterior storage, or parking rentals. The property is available for occupancy on June 1st, 2024, with a one-year lease term. This central location and flexible zoning create endless business and investment possibilities. The asking price is $374,900.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1995
Construction WOOD
Total area 1,800 SF
Lot 2.55 ac (111,078 SF)
APN 56-04-15-332-024.000-012
UPID US31-2584924
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
  • Mid County Machining Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DIANA R HARPER
DIANA R HARPER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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