Addresses: As Purchased Individual
- 147-61 W GLENWOOD AVE - $1,000,000
- 3609-11 N 2ND ST - $225,000
- 200-216 W GLENWOOD AVE - $270,000 Total - $30,000 (per lot)
Highlights
- Equipment (Depreciated Market Value ≈ $425,000)
- Yoder Uncoiler & Coil Car – $50,000
- Yoder 54” Slitter – $50,000Yoder 54” Recoiler – $60,000
- Niles Overhead Crane (40,000#) – $50,000
- Niles Overhead Crane (30,000#) – $45,000
- Yale Forklift (20,000#) – $100,000
- Signode Banding Station – $60,000
- Bushman Upender – $10,000
- (New replacement cost significantly higher — e.g., new 20,000# forklift = $435K in 2025)
Real Estate Portfolio (Combined Value ≈ $2.17M)
- 3609-11 N 2nd St
- Total lot size 12,824 lot size
- $2,366 RE taxes
- 200–216 W Glenwood Ave – Nine Vacant Lots (Parking/Future Dev.)
- 6,636 total sf lot of the 9 lots combined
- Priced at $30K each → $270,000 total.
- Best use: parking, storage, or long-term development hold.
- No current NOI; strategic value to warehouse operations.
- Parking Potential:
- Low case: $85/space = $1,275/mo = $15,300/year
- High case: $150/space = $2,250/mo = $27,000/year
- Tiered Pricing Options: Reserved vs. unreserved
- 24/7 vs. restricted hours
- Bulk tenant discounts (fleet operators)
- Merchant/employee rates (community integration)
These properties would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.
Upon Request