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    1611 Pheasant Run Huntertown, IN 46748

    Sponsored
    For Sale
    $1,125,000

    Flex, Manufacturing, Warehouse Space

    Property size:
    2,843 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Huntertown, IN property offers 2 buildings totaling 6258 square feet on a 0.8-acre lot. The main building, a 2843 sq ft structure built in 1984, boasts 14-foot ceilings, a remodeled kitchen and baths (2018), a new roof (2015), and a new HVAC system (2019). It features a large great room, a main floor bedroom or office, and a fully remodeled upstairs. The attached 2800 sq ft garage/workshop area includes two overhead doors, workbenches, and built-in cabinets. A second, 3415 sq ft pre-engineered steel frame building, also with 14-foot ceilings, offers two 12-foot overhead doors, two full baths, and an upstairs office area. Both buildings benefit from three-phase power and ample parking. The property is zoned C-3 and enjoys a prime location near the new Parkview location in Huntertown. This versatile property, priced at $1,125,000 ($395.71/sq ft, $562,500/unit), presents a significant investment opportunity with multiple potential uses. The property includes two units and is classified as Class B. The Allen County location provides easy access to key transportation routes. This is a rare opportunity to acquire a well-maintained, multi-use industrial property with significant income potential.

    Property Features for 1611 Pheasant Run

    General Information

    Property type
    Distribution properties
    Square Feet
    2,843 SF
    Class
    B
    Lot Size
    34,848 SF

    Building Details

    Year Built
    1984
    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • 6,258 SF on 0.8‑acre lot in Huntertown, IN.
    • Main building: 2,843 SF, 1984 construction, remodeled kitchen & baths (2018), new roof (2015), new HVAC (2019), 14' ceilings.
    • Attached 2,800 SF garage/workshop with two overhead doors.
    • Second building: 3,415 SF pre‑engineered steel, 14' ceilings, two 12' overhead doors, two baths, upstairs office.
    • Three‑phase power, ample parking, C‑3 zoning, near Parkview.
    • $1,125,000 ($395.71/SF, $562,500/unit), Class B, two units, excellent income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntertown
    County
    Allen
    State
    Indiana
    Longitude
    -85.1650987
    Latitude
    41.2234817

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Distribution property - Flex, Manufacturing, Warehouse Space
    Where is this distribution property located?
    The property is located at 1611 Pheasant Run Huntertown, IN.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: 6,258 SF on 0.8-acre lot in Huntertown, IN.; Main building: 2,843 SF, 1984 construction, remodeled kitchen & baths (2018), new roof (2015), new HVAC (2019), 14' ceilings.; Attached 2,800 SF garage/workshop with two overhead doors.
    Request Owner's contact information
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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
    1611 Pheasant Run Huntertown, IN 46748
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