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    600 7Th St Albion, IN 46701

    For Lease
    $3 SF/Yr ($12,212 /Mo)

    Spacious industrial warehouse, 5.86 acres.

    Lot size:
    37,102 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 37,102-square-foot industrial warehouse presents a significant opportunity. Located in Noble County on a generous 5.86-acre lot, this single-tenant property boasts a prime Heavy Industrial (IH) zoning designation. Constructed in 1975 and renovated in 2004, the building is a Class C structure with a single story and impressive 19-foot clear ceiling heights. The warehouse features robust infrastructure, including heavy power capabilities (2,000 - 4,000 AMP, 3 Phase, 480 V), ensuring suitability for a wide range of industrial operations. Convenient loading and unloading are facilitated by two 8'x9' loading docks and five drive-in overhead doors. Further enhancing its functionality are integrated cranes, airlines, and electrical buss bars. The property also includes air-conditioned production and office areas, and a comprehensive sprinkler system is in place for fire safety. The APN is 57-13-19-100-032.000-002. This property is currently vacant and ready for immediate occupancy. The substantial size and versatile features make this an ideal location for a variety of industrial businesses seeking a well-equipped and strategically located facility.

    Property Features for 600 7Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,102 SF
    Class
    C
    Total Rate
    12212.74

    Building Details

    Year Built/Renovated
    1975/2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    37,102 SF
    Rate per SF
    $3

    HighLights

    • 37,102 SF warehouse on 5.86 acres in Noble County.
    • Single‑tenant, Class C industrial building.
    • 1975 construction, renovated in 2004.
    • 19' clear ceiling height, 2 loading docks, 5 drive‑in doors.
    • Heavy power (2,000‑4,000 AMP, 3‑phase, 480V), sprinklered, air‑conditioned office and production areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Noble
    State
    Indiana
    Longitude
    -85.4080887
    Latitude
    41.3893411

    Nearby Comparable

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    Nearby Similar for Lease

    • $3 SF/Yr
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      View Details

    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, 5.86 acres.
    Where is this distribution property located?
    The property is located at 600 7Th St Albion, IN.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 37,102 SF warehouse on 5.86 acres in Noble County.; Single-tenant, Class C industrial building.; 1975 construction, renovated in 2004.
    Request Owner's contact information
    600 7Th St Albion, IN 46701
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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
    600 7Th St Albion, IN 46701
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