9313 300th W Lake Village, IN 46349-9002
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.
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Mid County Machining Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.