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    6 Ringel Ave Wabash, IN 46992

    Sponsored
    For Lease
    $7 SF/Yr ($19,025 /Mo)

    New 30,000 SF Manufacturing/Warehouse

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A industrial property, located at 6 Ringle Ave in Wabash County, Indiana, presents a unique investment opportunity. The single-tenant, 30,000 square foot building is a new construction, slated for shell completion by May 1, 2025. Boasting a spacious layout, the building features impressive ceiling heights of 26 feet (eaves) and 28 feet 6 inches (peak), providing ample vertical space for various industrial uses. Access is facilitated by two dock doors and one drive-in door, ensuring efficient loading and unloading. The attractive architectural entry is designed to accommodate a potential two-story office build-out or mezzanine, adding to the property's versatility. Situated on approximately 3 acres of land, the property is zoned WCLI - Light Industrial (APN: 85-10-36-200-005.000-008). A significant advantage for investors is the inclusion of a 6-year phased-in tax abatement. The current asking lease rate is a competitive $7.61 per square foot per year, NNN. This property is ideal for businesses seeking a modern, efficient, and strategically located industrial space. Inquire today for sale price details.

    Property Features for 6 Ringel Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Class
    A
    Total Rate
    19025

    Building Details

    Year Built
    2025
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    30,000 SF
    Rate per SF
    $7

    HighLights

    • Class A, 30,000 SF industrial building.
    • Single‑tenant occupancy, fully vacant.
    • New construction (2025), offering flexible build‑out.
    • Features 26' (eaves) and 28'6" (peak) ceiling heights, 2 dock doors, and 1 drive‑in door.
    • Located in Wabash County, IN, on approximately 3 acres; APN 85‑10‑36‑200‑005.000‑008, WCLI zoning.
    • Attractive architectural entry suitable for office build‑out or mezzanine.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wabash
    County
    Wabash
    State
    Indiana
    Longitude
    -85.8012525
    Latitude
    40.8362747

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    FAQs

    What type of property is this?
    Distribution property - New 30,000 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 6 Ringel Ave Wabash, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Class A, 30,000 SF industrial building.; Single-tenant occupancy, fully vacant.; New construction (2025), offering flexible build-out.
    Request Owner's contact information
    6 Ringel Ave Wabash, IN 46992
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    Wabash, IN 46992
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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
    6 Ringel Ave Wabash, IN 46992
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