Light Industrial For Lease
Industrial
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30854586 |
| Property Subtypes: |
Flex Space, Free-Standing, Light Industrial, Office Showroom
|
| Building Size (RSF): |
7,260 SF
|
| Gross Land Area: |
0.50 Acres
|
| Sale Price: |
$720,000 |
| Unit Price: |
$99.17 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2023 |
Overview / Comments
This is a 7,460 SF +/- light industrial building with 3,200 SF warehouse and 2,700 SF area for showroom/offices. Warehouse comes equipped with a 14' Overhead Door. This is suitable for showroom/office area. Built in 1978, zoned general commercial. 14 parking spaces. Modified Gross lease: tenant to pay snow removal, lawn care, trash, utilities and janitorial. Broker owned.
Located on the east side of Roosevelt Road, just south of Vale Park Road roundabout. Next to Bryant’s Pools and across from Little Caesars Pizza and Midas. Near Valparaiso YMCA, Valparaiso Animal Hospital, Walgreens, Strack and Van Til Grocery, Fairgrounds Park, AutoZone, Kentucky Fried Chicken, McDonald's, Centier Bank and so much more. 1 miles North of W. Lincoln Highway, 1 1/2 miles West of S.R. 49 and 1 mile north of Valparaiso University.
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Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$6,167 (Annual) |
| Tax Value Land |
$114,500 |
| Tax Value Improvements |
$88,900 |
| Assessed Value - Total($) |
$203,400 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$5,849 (Annual) |
| Tax Value Land |
$121,600 |
| Tax Value Improvements |
$94,100 |
| Assessed Value - Total($) |
$215,700 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$7,611 (Annual) |
| Tax Value Land |
$119,500 |
| Tax Value Improvements |
$171,400 |
| Assessed Value - Total($) |
$290,900 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$5,247 (Annual) |
| Tax Value Land |
$121,200 |
| Tax Value Improvements |
$95,800 |
| Assessed Value - Total($) |
$217,000 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$3,471 (Annual) |
| Tax Value Land |
$60,600 |
| Tax Value Improvements |
$95,800 |
| Assessed Value - Total($) |
$156,400 (Annual) |
Additional Details
| Nearest MSA: |
Chicago-Joliet-Naperville |
| County: |
Porter |
| Tax ID/APN: |
64-10-18-101-005.000-004 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1978 |
| Legal Description: |
S66 N660 W330 NW 18-35-5 .50A |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,582 |
41,112 |
66,556 |
| Median Age: |
39.33 |
36.64 |
37.63 |
| Households: |
4,832 |
16,178 |
25,335 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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