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    507 Indiana St Edon, OH 43518

    Sponsored
    For Sale
    $6,000,000

    127,461 SF Office/Warehouse For Sale

    Property size:
    127,461 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 127,461-square-foot industrial property, located at 507 W Indiana St, Edon, OH 43518, presents a unique investment opportunity. The property, encompassing 7.86 acres, features a blend of executive office space, warehouse, and manufacturing areas, ideal for a variety of uses. Built in 1920 and extensively renovated in 2023, the single-story building boasts 18' to 21' ceiling heights and eight dock-high doors, facilitating efficient operations. The property includes 111 parking spaces and is zoned M-2 (Heavy Industrial). Recent improvements include HVAC replacement (2018), reconditioned electrical transformers (2024), and a resealed and stoned parking lot (October 2024). An environmental site assessment and survey are available. The asking price is $6,000,000, translating to $47.07 per square foot. The property is offered with a 5-year NNN lease. This former Tier 1 automotive supplier facility, previously occupied by a top-100 global automotive supplier, offers significant potential for a variety of industrial and manufacturing businesses. The property's location in Williams County, Ohio, provides convenient access to key transportation routes. The APN is 071-200-05-007.000

    Property Features for 507 Indiana St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    127,461 SF
    Lot Size
    342,382 SF

    Building Details

    Year Built/Renovated
    1920/2023
    Stories
    1

    HighLights

    • High‑quality, former Tier 1 automotive facility, currently occupied by Linamar Corporation.
    • Clean environmental record; ESA and survey available.
    • HVAC system replaced in 2018.
    • Electrical transformers reconditioned in 2024.
    • Parking lot resealed and restriped October 2024.
    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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    FAQs

    What type of property is this?
    Manufacturing property - 127,461 SF Office/Warehouse For Sale
    Where is this manufacturing property located?
    The property is located at 507 Indiana St Edon, OH.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: High-quality, former Tier 1 automotive facility, currently occupied by Linamar Corporation.; Clean environmental record; ESA and survey available.; HVAC system replaced in 2018.
    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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