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    72104 Co Rd, Unit 23 New Paris, IN

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    For Lease
    $4,500 /Mo

    Industrial property featuring docks, doors, and transport lot.

    Property size:
    196,020 SF
    Lot size:
    25.00 Acres

    Property Features for 72104 Co Rd

    General Information

    Size
    196,020 SF
    Lot size
    25.00 Acres

    Source: Bradley Company | South Bend Agent Jeremy McClements

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Property with Transport Lot

    This industrial property offers 196,020 square feet of space and includes excess land suitable for expansion. The property features six docks and eight overhead doors. Eave heights range from 16 to 20 feet, with bay spacing of 25 x 30 feet. Additionally, the property includes a 4.50+/- acre transport lot. It is located in New Paris, Indiana.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    New Paris
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.8280485
    Latitude
    41.5003269

    Nearby Similar for Lease

    • $4 SF/Yr
      9,865 SF

      New Paris Industrial Flex Space

      9,865 SF industrial building with flexible layout for lease.
      19828 Us 6, New Paris, IN
      View Details
    • $4,500 /Mo

      New Paris Distribution Property

      Distribution property in New Paris, Indiana, with expansion potential.
      72104 County Road 23, New Paris, IN 46553
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial property featuring docks, doors, and transport lot.
    Where is this warehouse located?
    The property is located at 72104 Co Rd, Unit 23 New Paris, IN.
    What is the lease rate?
    The lease rate is $0.28 SF/Yr.
    What are key features of this property?
    This property features: - 4.50+\/- Acres Transport Lot; - 6 Docks for efficient loading and unloading; - 8 O/H Doors provide flexible access
    (574) 876-9535
    Request Owner's contact information
    72104 Co Rd, Unit 23 New Paris, IN
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    New Paris, IN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    72104 Co Rd, Unit 23 New Paris, IN
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