813 W Jefferson St | Image 1
813 W Jefferson St | Image 2
813 W Jefferson St | Image 3
813 W Jefferson St | Image 4
813 W Jefferson St | Image 5
813 W Jefferson St | Image 6
813 W Jefferson St | Image 7

$800,000

For Sale

9 days ago

813 W Jefferson St, Tipton, IN

House

MLS® 22115113

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 6
Lot Size 4.53 Acres
Approx. Age 
MLS® Number 22115113

Property Address: 813 W Jefferson St, Tipton, IN, 46072-1853

Average square foot calculated using Size range provided by listing agent.

Description

Diversified Industrial Investment on SR-28 - 3 Buildings, 4.92 Acres, Multiple Income Streams & Value-Add Upside Rare opportunity to acquire a diversified, income-producing industrial property directly on SR-28 (W Jefferson St) in Tipton, IN - minutes from the US-31 interchange and roughly an hour north of Indianapolis. The 4.92-acre site includes three buildings totaling 22, 969 SF of leasable space across four bays, self-storage units, and paved RV/vehicle storage, generating multiple independent income streams from long-tenured, low-turnover tenants. 2025 in-place NOI of $48, 764 on trailing revenue of $71, 565 supports a 6.10% cap rate at the $800, 000 asking price - with immediate upside: five self-storage units currently owner-occupied could add approximately $8, 100/year in NOI once leased at market rents, pushing pro forma returns toward 7.1%. Beyond current cash flow, this site offers rare flexibility for its next owner: maintain the existing tenant mix, expand storage operations, develop additional buildings, repurpose existing space for higher-value uses, or pursue a full site redevelopment - all within Tipton town limits, where the City's economic development office has expressed interest in partnering with a new owner on expansion plans. The property's existing lender has also indicated interest in originating financing for a qualified buyer. Located along a corridor seeing renewed investment - including a nearby 700-job solar manufacturing conversion of the former 781, 500 SF Stellantis transmission plant - this is a well-positioned, diversified asset with a clear path to increased returns. See attachments for OM and T12
MLS® Number22115113
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 17, 2026List Date
$800,000List Price
  • Commute

Commute

Starting Address
Destination Address
813 W Jefferson St, Tipton, IN

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties