This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1661 S Nebo Rd

6,000 SF Vacant Industrial Building Yorktown, IN 47396 $299,000 ($50/SF)

Executive Summary

Clear span flex building currently divided into 5 rental units. North unit has restroom, office and heat. Remaining units have electricity. Additional vacant lot included.
Rent units individually, OR occupy or rent entire 6,000 sf as leases are month to month.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $21,840 $3.64
Other Income - -
Vacancy Loss - -
Effective Gross Income $21,840 $3.64
Taxes $5,685 $0.95
Operating Expenses $1,500 $0.25
Total Expenses $7,185 $1.20
Net Operating Income $14,655 $2.44

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $21,840
Annual Per SF $3.64
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $21,840
Annual Per SF $3.64
Taxes
Annual $5,685
Annual Per SF $0.95
Operating Expenses
Annual $1,500
Annual Per SF $0.25
Total Expenses
Annual $7,185
Annual Per SF $1.20
Net Operating Income
Annual $14,655
Annual Per SF $2.44

Property Facts

Price $299,000
Price Per SF $50
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Auto Repair
  • Industrial Service
Building Class C
Lot Size 0.72 AC
Rentable Building Area 6,000 SF
No. Stories 1
Year Built 1996
No. Drive In / Grade-Level Doors 9

Utilities

  • Gas - Natural
  • Water - Well
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-10-14-476-023.000-017
Land Assessment
$31,800
Improvements Assessment
$118,800
Total Assessment
$150,600
Annual Taxes
$5,685 ($0.95/SF)
Tax Year
2023

zoning

Zoning Code Light Industrial (Light Industrial)
Light Industrial (Light Industrial)
  • Listing ID: 31827547

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 1661 S Nebo Rd, Yorktown, IN 47396

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}