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Property profile & analytics
OFF-MARKET
Commercial real estate

9872 Bittner Rd Sunman, IN 47041

1.75 ac lot Built 1988
Property ID
US31-3020904
Property summary
AI-generated overview

This exceptional commercial property in the thriving Sunman/St. Leon area presents a fantastic lease opportunity. Situated on a 1.75-acre lot with convenient access to I-74 via SR 46, the property boasts a substantial 2,640 square foot metal shop. The shop features a fully graveled perimeter, a 6-inch thick concrete floor, and two insulated overhead doors (16'x13' front and 12'x13' rear). Exceptional insulation includes 3 inches of closed-cell spray foam, ensuring energy efficiency. The interior is fully metal-clad, well-lit with LED lighting and equipped with two 6-foot ceiling fans. Heating is provided by an energy-efficient waste oil furnace. The electrical system is robust, featuring 600 amps of power, distributed across two 200-amp single-phase boxes (220v/110v), a 200-amp service for a 40hp phase converter, a 240v 3-phase breaker box, a 480v delta-delta transformer, and three disconnects. Welder plugs are conveniently located every 10 feet throughout the building. An indoor drain is located at the rear door. The property also includes a 180 square foot office space with a bathroom (a shower is to be added). Two walk-in doors provide easy access. Exterior features include ample outdoor lighting, plugs around the building, and two concrete outdoor pads. A large manual lathe and mill are available for tenant use if desired. The monthly lease price is $2400.

Property profile
Verified
Property type Commercial real estate
Year built 1988
Lot 1.75 ac (76,230 SF)
UPID US31-3020904
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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