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4420 61st ave 9,064 SF Industrial Building Hobart, IN 46342 $1,750,000 ($193.07/SF)
Investment Highlights
- 8,000 SF warehouse and 1,064 SF office
- 17,807 vehicles per day
- 0.37 miles to I-65
- 277 feet of frontage
- Zoning is B3
Executive Summary
This 9.9-acre, multi-parcel property offers a rare combination of industrial, office, and residential uses with strong visibility and access. Improvements include an 8,000 SF cinder block warehouse (80’ x 100’) with at least one drive-in door, a 1,064 SF office building, and 277 feet of frontage along a corridor carrying 17,807 vehicles per day.
The site also includes a 1,259 SF single-family residence on the eastern parcel. The two western parcels are zoned B-3 for a wide range of commercial uses. Located just 0.37 miles from Interstate 65, the property is well-positioned for owner-users or investors seeking flexibility, exposure, and regional connectivity.
The site also includes a 1,259 SF single-family residence on the eastern parcel. The two western parcels are zoned B-3 for a wide range of commercial uses. Located just 0.37 miles from Interstate 65, the property is well-positioned for owner-users or investors seeking flexibility, exposure, and regional connectivity.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,750,000 | Lot Size | 9.06 AC |
| Price Per SF | $193.07 | Rentable Building Area | 9,064 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1946 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | B3 | ||
| Price | $1,750,000 |
| Price Per SF | $193.07 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 9.06 AC |
| Rentable Building Area | 9,064 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | B3 |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $337,200 | |
| Land Assessment | $398,000 | Total Assessment | $735,200 |
Property Taxes
Parcel Numbers
Land Assessment
$398,000
Improvements Assessment
$337,200
Total Assessment
$735,200
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4420 61st ave
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