Listing Agency: Schrader Real Estate and Auction Company, Inc. Show Phone

Listed By: Luke Schrader Show Phone

Added: Jul 13 Changed: Sep 10 Last Checked: Sep 25 at 5:06PM

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MLS# 11883282

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Investment Insights

Based on property information with market context.

This agricultural facility occupies approximately 35 acres at 3154 W Depot St in Wawake, Indiana. Its grain system provides 1,660,000 bushels of capacity across six bins, supported by a tower dryer rated at 4,000 bu/hr at 5-point moisture removal. Grain handling includes 6,000 bu/hr and 10,000 bu/hr grain legs, an 8,000-bushel wet holding bin, and 12,000-bushel overhead load bins. An 18,000-gallon LP tank supports the operating system.

Agronomy improvements include over 2,100,000 gallons of liquid fertilizer storage, a covered liquid-product loadout, and a 500-ton dry fertilizer building with 8 bays, blending, and loading equipment. The commercial chemical building contains 10 stainless steel tanks with over 30,000 gallons of bulk herbicide storage, computerized mixing, and covered loadout. Additional improvements include a 60' x 80' heated commercial shop and a 50' x 90' storage building with a tote rack system for chemicals and seed.

The property has direct access to Norfolk Southern Railroad, including a rail siding for tanker-car receipt and grain loading. Piping connects tanker unloading to two 1,000,000-gallon liquid tanks, while a 120,000-pound in-ground scale supports weighing operations.

Key Highlights

• Approximately 35 acres with 1,660,000‑bushel grain capacity across six bins
• Tower dryer rated at 4,000 bu/hr with 5‑point moisture removal
• Over 2,100,000 gallons of liquid fertilizer storage and a 500‑ton dry fertilizer building with 8 bays

Property Analytics

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Current Use

Agricultural properties

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Nail Salon Pet Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Explore this area Business Placement

Demographics for 46794, IN

1,406

Population

592

Households

2.4

Avg Household Size

39

Median Age

17%

College-Educated

81%

High-School Grad

25.3 sq mi

ZIP Area

56

Density / Sq Mi

$70,278

Median Household Income

$38,813

Median Earnings

$188,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this agricultural properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Agricultural property - Integrated grain handling, fertilizer storage, chemical systems, rail access, and support buildings serve a substantial agribusiness operation.

Where is this agricultural property located?

The property is located at 3154 W Depot St Wawaka, IN.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: Approximately 35 acres with 1,660,000‑bushel grain capacity across six bins; Tower dryer rated at 4,000 bu/hr with 5‑point moisture removal; Over 2,100,000 gallons of liquid fertilizer storage and a 500‑ton dry fertilizer building with 8 bays