3354 Lake City HwyWarsaw, IN 46580

  • Land
  • 0.72 AC
For Lease

Property Details for 3354 Lake City Hwy

Lot size
0.72 AC
Zone code
C-5 S
Property type
Land
Property subtype
Commercial land
APN
43-11-15-100-110.000-032
APU
431115100110000032

Description

This exceptional 2,332-square-foot single-tenant property at 3354 Lake City Highway in Warsaw, Indiana, presents a unique opportunity for office or retail use. Built in 1975, this one-story building sits on a 0.98-acre lot and is zoned C-5 Special Commercial (APN: 43-11-15-100-001.501-032, Kosciusko County). The property boasts five drive-thru lanes and ample parking, making it highly accessible and convenient for customers. Currently vacant, the space is in excellent condition and ready for immediate occupancy. Its former use as a bank branch provides a solid foundation for various business ventures. Located on US 30, Warsaw's primary retail corridor, this standalone building enjoys high visibility and proximity to numerous national retail and dining establishments. The average daily traffic count in 2021 was 30,069 vehicles, indicating significant potential for customer reach. Lease terms are negotiable. Warsaw's reputation as the "Orthopedic Capital of the World" further enhances the area's economic strength and potential for business growth. This property offers a compelling combination of location, accessibility, and versatility, making it an ideal investment for discerning businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,751,840
    Hospitality
    $6,184,648
    Educational
    $5,145,555
    Medical
    $5,322,518
    Retail
    $8,004,196
3354 Lake City Hwy, Warsaw, Indiana

Location Insight

City
Warsaw
County
Kosciusko
State
Indiana
Latitude
41.2337
Longitude
-85.808
CBSA code
47700
CBSA name
WARSAW, IN MICROPOLITAN 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
2023
$2,119
$85,900
-
$85,900
-
$85,900
-
$85,900

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