457 Campbell St
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457 Campbell St
3,000 SF Vacant Office Building Valparaiso, IN 46385 £587,021 (£196/SF)
Investment Highlights
- Up and coming retail and multi-family residential area
Executive Summary
8000 square feet warehouse and office space. There are currently 3 warehouse spaces and 5 commercial offices. Units are 3/4 rented currently. Current owner may be willing to do sale and lease back. Property is located in the middle of future progression, as the city owns surrounding properties around this parcel and is set for future development.
Taxes & Operating Expenses (Actual - 2020) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£3,944
|
£1.31
|
| Operating Expenses |
£3,696
|
£1.23
|
| Total Expenses |
£7,640
|
£2.55
|
Taxes & Operating Expenses (Actual - 2020)
| Taxes | |
|---|---|
| Annual | £3,944 |
| Annual Per SF | £1.31 |
| Operating Expenses | |
|---|---|
| Annual | £3,696 |
| Annual Per SF | £1.23 |
| Total Expenses | |
|---|---|
| Annual | £7,640 |
| Annual Per SF | £2.55 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
3,000 SF
Building Class
C
Year Built
1985
Price
£587,021
Price Per SF
£196
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
3,000 SF
Slab to Slab
10 ft
Building FAR
0.09
Land Acres
0.73 AC
Opportunity Zone
Yes
Zoning
UR - Urban Residential
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Central Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
15 x 15 office space available. Owner pays for all utilities. Rent is $425.00 per month.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 450 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 450 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 450 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
15 x 15 office space available. Owner pays for all utilities. Rent is $425.00 per month.
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PROPERTY TAXES
| Parcel Number | 64-09-25-101-003.000-004 | Total Assessment | £153,456 (2023) |
| Land Assessment | £66,931 (2023) | Annual Taxes | £3,944 (£1.31/sf) |
| Improvements Assessment | £86,525 (2023) | Tax Year | 2020 |
PROPERTY TAXES
Parcel Number
64-09-25-101-003.000-004
Land Assessment
£66,931 (2023)
Improvements Assessment
£86,525 (2023)
Total Assessment
£153,456 (2023)
Annual Taxes
£3,944 (£1.31/sf)
Tax Year
2020
-
Dennis Seramur -
Seramur Properties
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457 Campbell St
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