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457 Campbell St 9,565 SF Office Building Valparaiso, IN 46385 $799,000 ($83.53/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 - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$5,032
|
$0.53
|
| Operating Expenses |
$4,716
|
$0.49
|
| Total Expenses |
$9,748
|
$1.02
|
TAXES & OPERATING EXPENSES (ACTUAL - 2022)
| Taxes | |
|---|---|
| Annual | $5,032 |
| Annual Per SF | $0.53 |
| Operating Expenses | |
|---|---|
| Annual | $4,716 |
| Annual Per SF | $0.49 |
| Total Expenses | |
|---|---|
| Annual | $9,748 |
| Annual Per SF | $1.02 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
9,565 SF
Building Class
C
Year Built
1985
Price
$799,000
Price Per SF
$83.53
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,000 SF
Slab To Slab
10’
Building FAR
0.30
Lot Size
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
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PROPERTY TAXES
| Parcel Number | 64-09-25-101-003.000-004 | Total Assessment | $193,700 (2024) |
| Land Assessment | $85,400 (2024) | Annual Taxes | $5,032 ($0.53/SF) |
| Improvements Assessment | $108,300 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
64-09-25-101-003.000-004
Land Assessment
$85,400 (2024)
Improvements Assessment
$108,300 (2024)
Total Assessment
$193,700 (2024)
Annual Taxes
$5,032 ($0.53/SF)
Tax Year
2022
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457 Campbell St
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