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    6485 Merchants Dr Laotto, IN 46763

    For Lease
    $5 SF/Yr ($19,119 /Mo)

    38,560 SF Warehouse, 5 Acres, Indiana

    Lot size:
    38,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 38,560-square-foot industrial warehouse in Laotto, Indiana, presents a significant leasing opportunity. Situated on a spacious 5.01-acre lot, this single-story building, constructed in 2003, offers a versatile layout ideal for various industrial uses. The property boasts a substantial 33,064 square feet of distribution space complemented by approximately 5,634 square feet of showroom and office space. High ceilings, ranging from 28 to 30 feet clear, allow for efficient storage and handling of large items. Loading and unloading are facilitated by three overhead doors, including two 9' x 10' dock high doors on the south end, and two drive-thru overhead doors, ensuring easy access for large vehicles. The property is zoned C4 - Commercial and features a convenient location with excellent visibility from SR 3. The property's APN is 17-09-19-300-037.000-001, 17-09-19-300-039.000-001. The entire 38,560 square feet is currently vacant and ready for immediate occupancy. This prime location in Laotto, Indiana, zip code 46763, offers an unparalleled opportunity for businesses seeking a functional and strategically located warehouse space.

    Property Features for 6485 Merchants Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,560 SF
    Total Rate
    19119.33

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    38,698 SF
    Rate per SF
    $5

    HighLights

    • 38,560 SF industrial warehouse available for lease in Laotto, IN.
    • Single‑story building on a 5.01‑acre lot, built in 2003.
    • Features 33,064 SF of distribution space and 5,634 SF of showroom/office space.
    • High ceilings (28‑30 ft. clear), three overhead doors (including two drive‑thru doors).
    • Located in LaOtto Business Park, with excellent visibility from SR 3, 16 miles north of Fort Wayne.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Airsoft Plex Airsoft Supply Store Paintball Plex Sports Complex TradeMyGun Sporting Goods Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Laotto
    County
    Noble
    State
    Indiana
    Longitude
    -85.188849340611
    Latitude
    41.293299301608

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    FAQs

    What type of property is this?
    Distribution property - 38,560 SF Warehouse, 5 Acres, Indiana
    Where is this distribution property located?
    The property is located at 6485 Merchants Dr Laotto, IN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 38,560 SF industrial warehouse available for lease in Laotto, IN.; Single-story building on a 5.01-acre lot, built in 2003.; Features 33,064 SF of distribution space and 5,634 SF of showroom/office space.
    Request Owner's contact information
    6485 Merchants Dr Laotto, IN 46763
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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
    6485 Merchants Dr Laotto, IN 46763
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