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5440 W Ridge Rd 11,346 SF Flex Building Gary, IN 46408 $290,000 ($25.56/SF)
INVESTMENT HIGHLIGHTS
- Heavy traffic location
- 200+ Amp Service
- 2 Cranes & 2 Offices
EXECUTIVE SUMMARY
So may uses for this property with frontage on HEAVILY traveled Ridge Rd. Currently used as a machine shop. The building is divided into 3 sections. 2 Large access doors. 2 - 200 Amp services. 2 overhead cranes, 5 ton and 20 ton. Office on the main level and additional office space on the 2nd level. 1/2 bath and sink room on main level. Full bath upstairs. Buyer to verify permitted uses with the City.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$4,758
|
$0.42
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,758
|
$0.42
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $4,758 |
| Annual Per SF | $0.42 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,758 |
| Annual Per SF | $0.42 |
PROPERTY FACTS Under Contract
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
PROPERTY TAXES
| Parcel Number | 45-07-25-127-023.000-003 | Total Assessment | $130,700 (2024) |
| Land Assessment | $43,400 (2024) | Annual Taxes | $4,758 ($0.42/SF) |
| Improvements Assessment | $87,300 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
45-07-25-127-023.000-003
Land Assessment
$43,400 (2024)
Improvements Assessment
$87,300 (2024)
Total Assessment
$130,700 (2024)
Annual Taxes
$4,758 ($0.42/SF)
Tax Year
2023 Payable 2024
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5440 W Ridge Rd
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