CR 100 North

Industrial for Sale
Catylist Listing ID: 2056309
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 14,425 SF
Gross Land Area: 25 Acres
Sale Price: $980,000
Unit Price: $67.94 PSF
Ceiling: 16 ft. / 14 ft. Clear
Docks/Doors: 8 Doors
Office SF: 1,000 SF
Drive In Bays: 5 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2017

Overview / Comments

8 buildings (some are climate controlled) sitting on the West side of a 25 acre property. Currently, owner occupied, this complex has huge potential for multiple tenants, single user, or both with plenty of room for expansion. Located at the East end of Porter County Regional Airport contiguous to an established Industrial area, the property is security fenced and includes a 1,200 sf apartment for an owner, manager or employee. Excellent user/investor property. It is at present zoned Agriculture, but is within the Airport land use plan and possibly has the potential for a change of zoning in the future.

Additional Details

Nearest MSA: Chicago-Joliet-Naperville
County: Porter
Taxing Authority: Porter County
Tax ID/APN: 10273000090000020
Market Type: Medium
Property Located Between: US 30 and CR 100 N
Side of Street: North
Road Type: Paved
Transportation: Highway, Airport
Highway Access: US 30 just half mile South.
Airports: Porter County Regional Airport
Site Description: Level, with extensive road frontage on CR 100 N. Mixed soils with the vacant property used for crop farming.
Area Description: At the East end an established industrial area with direct access to US 30 and the Porter County Regional Airport.
Total Number of Buildings: 8
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Good
Year Built: 2005
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Spacious area around the buildings allowing for easy access into a secure location. Paved pad between the two main building with a security fence.
Parking Type: Surface
Parking Description: Some is security fenced
Overhead Cranes: Undisclosed
Amps: 200
Volts: 240
X-Phase: single
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Mercury Vapor
Zoning Description: Agriculture
Lot Frontage: 1,800
Lot Depth: irregular
Water Service: Well
Sewer Type: Septic
Easements: Utilities
Land Ownership: Owned
Legal Description: Parc in S1197.59 W452.51 W1/2 27-35-5 12.393ac ditch; Parc in W447.99 E2203.56 S1198.34 Ditch SW 27-35-5 12.32ac; Parc in the E1755.57 & W650 E1125.57 S1/2 SW 27-35-5 Ditch 8.878ac

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,060 44,920
Median Age: 36.35 37.36
Households: 4,588 17,610
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