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    507 Indiana St Edon, OH 43518

    Sponsored
    For Lease
    $5 SF/Yr

    127,461 SF Warehouse/Office - Ohio

    Lot size:
    127,461 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 127,461-square-foot industrial property, located at 507 W Indiana St, Edon, Ohio 43518, presents a unique opportunity for a single tenant. Built in 1920 and extensively renovated in 2023, this one-story building offers a blend of executive office space and warehouse functionality. The property sits on a generous 7.86-acre lot and boasts impressive features including 18' to 21' ceiling heights, ideal for various industrial uses. Access is facilitated by eight dock-high doors and seven drive-ins, ensuring efficient loading and unloading. Ample parking is available with 111 spaces, including three ADA-compliant spots. The property benefits from robust power capabilities, featuring 480V 3-phase power with 6600 amps. The zoning is (M-2) Industrial (Heavy), allowing for a wide range of industrial operations. The property is conveniently situated on a two-lane, two-way street, with N. Michigan Street as a cross street. The property's APN is 071-200-05-007.000

    Property Features for 507 Indiana St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    127,461 SF
    Total Rate
    53108.75

    Building Details

    Year Built/Renovated
    1920/2023
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    127,461 SF
    Rate per SF
    $5

    HighLights

    • 127,461 SF industrial building on a 7.86‑acre lot in Edon, OH.
    • Former mission‑critical Tier 1 automotive supplier facility, previously occupied by Linamar Corporation.
    • Environmental site assessment and survey available.
    • HVAC system replaced in 2018; electrical transformers reconditioned in 2024; parking lot sealed and stoned October 2024.
    • Building features 18'-21' ceiling heights, eight dock‑high doors, seven drive‑in doors, and 111 parking spaces (including three ADA spaces). 480V 3‑phase power (6600 amps). M‑2 (Heavy Industrial) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobex Global Manufacturer Mobex Global - Busche ... Metal Fabricator Busche Performance Group Machine Shop

    Suggested Use

    Restaurant Spa & Massage Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Department Store Storage Facility Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Edon
    County
    Williams
    State
    Ohio
    Longitude
    -84.775914
    Latitude
    41.554479

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    Nearby Similar for Lease

    • $4 SF/Yr
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      Prime Industrial Manufacturing Space

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    FAQs

    What type of property is this?
    Distribution property - 127,461 SF Warehouse/Office - Ohio
    Where is this distribution property located?
    The property is located at 507 Indiana St Edon, OH.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 127,461 SF industrial building on a 7.86-acre lot in Edon, OH.; Former mission-critical Tier 1 automotive supplier facility, previously occupied by Linamar Corporation.; Environmental site assessment and survey available.
    Request Owner's contact information
    507 Indiana St Edon, OH 43518
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    Edon, OH 43518
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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
    507 Indiana St Edon, OH 43518
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