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Albion Industrial Property For Sale
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1514 Progress Dr., Albion, IN 46701

59,200 Sq. Ft. industrial space on 5.89 acres.

Property Size59,200 SF
Lot Size5.89 Acres
Days on Market1512

Property Features for 1514 Progress Dr.

General Information

Standard status Active
Size 59,200 SF
Lot size 5.89 Acres
Property subtype Industrial

Building Details

Year Built 1994
Listing Agency: The Zacher Company
Listed By: Steven Zacher · License #IN RB14014906
Source: Crexi
Added: Jun 10, 2022 Changed: Jul 6 Last Checked: Jul 30 at 2:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Zacher Company

Investment Insights

Based on property information with market context.

Located in Albion, IN, this industrial property offers 59,200 square feet of space on a 5.89-acre lot. The building features full air conditioning, ceiling heights ranging from 13 to 20 feet, and a 1,200 amp electric service. It is equipped with four truck docks and one drive-in door. The property is available immediately and has potential for subdivision. Constructed with pre-engineered steel and a standing seam metal roof, the building also features 6-inch reinforced concrete floors. The site includes a parking lot with 84 spaces, 13 ground-mounted HVAC units, and energy-efficient LED lighting. Its location provides convenient access to major roadways such as SR 8 and I-69. The property is suitable for various business ventures. The building is well-maintained.

Key Highlights

  • Strategic location near major roadways (SR 8 and I‑69).
  • Large industrial space: 59,200 Sq. Ft. on 5.89 Acres with potential for subdivision.
  • Full air conditioning throughout the property.

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Veterinary Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 46701, IN

7,687
Population
3,386
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
96.8 sq mi
ZIP Area
79
Density / Sq Mi
$76,813
Median Household Income
$45,847
Median Earnings
$835
Median Rent
$194,300
Median Home Value

Market

Properties on Market for Industrial properties in Noble County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - 59,200 Sq. Ft. industrial space on 5.89 acres.
Where is this industrial property located?
The property is located at 1514 Progress Dr. Albion, IN.
What are key features of this property?
This property features: Strategic location near major roadways (SR 8 and I‑69).; Large industrial space: **59,200 Sq. Ft. on 5.89 Acres with potential for subdivision.**; Full air conditioning throughout the property.
(219) 422-8474 Call to check price and availability
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