9615 Keilman StSaint John, IN 46373

  • Medical offices
  • 21,540 SF
For Lease

Property Details for 9615 Keilman St

Year built
2007
Construction
WOOD
Lot size
1.63 AC
Property size (Sq ft)
21,540 SF
Zone code
R33
Property type
Medical offices
Property subtype
Medical centers
APN
45-11-32-283-002.000-035
APU
451132283002000035

Description

This exceptional 21,540-square-foot executive office building in St. John, Indiana, presents a unique single-tenant opportunity. Built in 2007, the property sits on a 1.625-acre lot and offers completely vacant space, ready for immediate occupancy. Its strategic location just off Route 41/Wicker, directly across from a new shopping mall and near other established businesses (including a former K-mart and Chase Bank), ensures high visibility and accessibility. The building's prime location is in one of St. John's fastest-growing commercial areas. While the building currently offers a large, single space, it's adaptable to various business needs. The property is well-maintained and presents a professional image, ideal for established businesses seeking expansion or startups requiring a high-quality workspace. The building's size allows for flexibility in space configuration, accommodating businesses of various sizes. This is an excellent opportunity to secure a prominent location in a thriving commercial area. The property's size and location make it an attractive option for businesses seeking a significant presence in St. John.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,922,342
    6.5%
    $6,389,854
    7%
    $5,933,436
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,805,585
    Geo Method
    $2,805,585
  • Alternative Use

    Use
    Valuation
    Residential
    $7,923,420
    Hospitality
    $7,257,810
    Educational
    $6,038,412
    Medical
    $6,246,082
    Retail
    $9,393,086
9615 Keilman St, Saint John, Indiana

Location Insight

City
Saint John
County
Lake
State
Indiana
Latitude
41.4444
Longitude
-87.4718
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$38,986
$351,000
$1,787,300
$2,138,300
-
$351,000
$1,787,300
$2,138,300

FAQs

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