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$999,990
Est. payment /mo
21,508 SqFt
UPDATED:
02/17/2025 05:19 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 21,508 sqft
Price per Sqft $46
MLS Listing ID 814338
Year Built 1992
Annual Tax Amount $3,762
Tax Year 2023
Lot Size 24.120 Acres
Acres 24.12
Lot Dimensions Irregular
Property Sub-Type Mixed Use
Property Description
Welcome to Hobart Sky Ranch Airport Industrial Park and Business Complex, showcasing nearly 25 acres of operable space highlighted by the 3,125' runway. Multiple large hangars are at your disposal to accommodate all your aviation needs. 88x60 post frame building with 14' tall ceilings lends half its space to insulated walls/ceilings and concrete floor with 50' W x 13'6" H electric hangar door. Immediately to your south of taxi way over 14,500 sq ft of additional hangar space awaits with yet another 50' w x 11' h bi-fold aviation door. Whether you are an industry leading avionics professional, pilot, instructor, or hobbyist you better believe this full service airport is ready and able to go to work for you. Not an aviation enthusiast or have other plans in mind? Rest assured this property still delivers, and has the potential for various intended uses from recreation to business and light industrial. Currently multiple cold storage areas under roof for RV, boat, camper, etc. dry rental storage spaces with large roll-up and sliding doors for easy ingress and egress. 35 individual indoor U Lock storage units waiting for their next lease, as well as an auxiliary 10 unit exterior U Lock building. Expansive asphalt paved and manicured grass areas provide even more passive income potential for exterior cold storage for larger RVS and heavy equipment. Multiple office and conference room space as well as studio apartment accommodations. A 3 bed 2.5 bath 1680 sq ft manufactured home currently being used as a single family residence, could easily become the HQ of your empire or additional rental income. Over 19 ACRES ZONED INDUSTRIAL and remaining B-2/3 allows for the entrepreneurial imagination to run wild. Right in the cradle of the I- 65,80,90,94 corridors a breeze of a commute. A stones throw to Gary/Chicago International and a quick flight to Midway or O'Hare while offering the safe haven of privacy and advantageous Indiana zoning and tax law. Property is TAX EXEMPT
Location
State IN
County Lake
Zoning Industrial
Interior
Heating Varies by Unit
Fireplace N
Exterior
Exterior Feature Storage
View Y/N true
View true
Building
Lot Description Cleared, Paved, Open Lot, Irregular Lot
Others
Tax ID 450919476002000016
Acceptable Financing NRA20241226230021217423000000
Listing Terms NRA20241226230021217423000000
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Listed by RE/MAX Executives