3800 Brown Street

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3800 Brown Street

Hobart, IN 46342
Asking Price
$55K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel totaling 0.75 acres for sale.
  • Property is available for the price of $55,000.
  • Located at 3800 Brown Street within Hobart, Indiana.
  • Site supports various retail or service-oriented business uses.
  • Parcel is situated in an accessible suburban Indiana market.

What's Special

Priced at $55,000, this 0.75-acre commercial land parcel sits at 3800 Brown Street in Hobart, Indiana. The property provides a strategic footprint for developers or business owners looking to establish a presence within this growing suburban market. Hobart benefits from its connectivity to the broader Northwest Indiana region and proximity to major regional transportation corridors, making it a functional choice for various commercial endeavors. The site offers sufficient space for retail, office, or service-based projects that require convenient access to local infrastructure. With its commercial designation, the land presents a straightforward development canvas for those aiming to serve the local population or expand their footprint within the metropolitan area. Prospective buyers will find this asset well-positioned to support diverse business operational needs while integrating into the established layout of the city. The parcel is suited for investors or end-users assessing the potential of a versatile, accessible site in a developing business sector.

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NOI
$80,000
Cap Rate
145.45%
DSCR
24.50
Strong
Cash-on-Cash
465.06%
Monthly Payment
$272.11
Annual Cash Flow
$76,734.68

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