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4726 Calumet Ave 15,056 SF 100% Leased Retail Building Hammond, IN 46327 $1,500,000 ($99.63/SF) 4.82% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully rented units
- Investment Income
EXECUTIVE SUMMARY
Wonderful multi-unit investment opportunity in high traffic area. All units are rented with long term tenants to place. Large lot with frontage on both Calumet and Baltimore Avenue. Loads of potential. Contact your realtor today!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,056 SF
Building Class
B
Year Built
2001
Price
$1,500,000
Price Per SF
$99.63
Cap Rate
4.82%
NOI
$72,290
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.23 AC
Opportunity Zone
Yes
Zoning
Comm/Indus/Res - Four buildings: Warehouse, Restaurant, Residential and 2 Unit Commercial/Office Retail Building.
Parking
20 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 45-02-25-479-020.000-023 | Total Assessment | $266,500 |
| Land Assessment | $29,200 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $237,300 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
45-02-25-479-020.000-023
Land Assessment
$29,200
Improvements Assessment
$237,300
Total Assessment
$266,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
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4726 Calumet Ave
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