INVESTMENT - Office | Flex | Industrial | 2133 E 226th St
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INVESTMENT - Office | Flex | Industrial 2133 E 226th St
4,704 SF Light Industrial Building Cicero, IN 46034 £586,838 (£125/SF) 10.40% Net Initial Yield
Investment Highlights
- Heavy Equipment Storage
- Sufficient Office Space
- 1800 SF Barn
Executive Summary
Presenting a versatile investment property located at 2133 E 226th St, Cicero, IN. This 4,704 SF flex building, situated on 1.71 acres, offers a unique combination of office, warehouse, and light distribution space, ideal for businesses looking for functionality and flexibility.
Key Features:
-Cap Rate: 10.4%, providing steady income potential with a net operating income (NOI) of $78,000.
-Versatile Space: Two-story building, featuring drive-in access and flexible configurations to accommodate various business needs.
-Heavy Equipment Storage: Includes an 1,800 SF barn for additional storage, ideal for businesses requiring space for machinery or inventory.
-Sufficient Office Area: Designed to provide a comfortable and efficient working environment.
-Location & Accessibility: Strategically located in a C-2 zoned area, this property is ideal for medium to large-scale general commercial uses. The site’s convenient layout and accessibility make it perfect for owner-users or investors looking to lease out prime commercial space.
Key Features:
-Cap Rate: 10.4%, providing steady income potential with a net operating income (NOI) of $78,000.
-Versatile Space: Two-story building, featuring drive-in access and flexible configurations to accommodate various business needs.
-Heavy Equipment Storage: Includes an 1,800 SF barn for additional storage, ideal for businesses requiring space for machinery or inventory.
-Sufficient Office Area: Designed to provide a comfortable and efficient working environment.
-Location & Accessibility: Strategically located in a C-2 zoned area, this property is ideal for medium to large-scale general commercial uses. The site’s convenient layout and accessibility make it perfect for owner-users or investors looking to lease out prime commercial space.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
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$9.99
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Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Amenities
- 24 Hour Access
- Front Loading
- Yard
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 29-06-06-000-025.003-008 | Improvements Assessment | £142,015 (2023) |
| Land Assessment | £92,407 (2023) | Total Assessment | £234,422 (2023) |
PROPERTY TAXES
Parcel Number
29-06-06-000-025.003-008
Land Assessment
£92,407 (2023)
Improvements Assessment
£142,015 (2023)
Total Assessment
£234,422 (2023)
zoning
| Zoning Code | C-2 (C2—Medium to Large Scale General Commercial) |
| C-2 (C2—Medium to Large Scale General Commercial) |
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INVESTMENT - Office | Flex | Industrial | 2133 E 226th St
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