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    250 Olive St Wabash, IN 46992

    Sponsored
    For Sale
    $600,000

    10,552 SF Flex Space, $600K

    Property size:
    10,552 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,552-square-foot industrial property, located at 250 Olive Street in Wabash, Indiana, presents a compelling investment opportunity. Situated on a three-acre fenced lot, the building boasts a versatile layout suitable for various industrial, manufacturing, or flex uses. The property features one 8' x 8' loading dock and four drive-in doors (two 14' x 14' and two 12' x 14'). A significant advantage is the impressive 20-foot clear ceiling height, providing ample space for storage and operations. The building is zoned HI (Heavy Industrial District), allowing for a wide range of permitted activities. The asking price is $600,000, translating to a price per square foot of $56.86. This property offers a unique blend of functionality, space, and location, making it an ideal choice for businesses seeking a well-equipped industrial facility in Wabash County, Indiana, zip code 46992. The property's strategic location and versatile design make it a highly attractive investment prospect. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 250 Olive St

    General Information

    Property type
    Distribution properties
    Square Feet
    10,552 SF
    Lot Size
    130,680 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Bunn Box, Inc. ... Waste Management Service

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hair Salon Clothing Store Department Store Kitchen & Bath Accounting Firm Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Wabash
    County
    Wabash
    State
    Indiana
    Longitude
    -85.848854
    Latitude
    40.8003769

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    FAQs

    What type of property is this?
    Distribution property - 10,552 SF Flex Space, $600K
    Where is this distribution property located?
    The property is located at 250 Olive St Wabash, IN.
    What is the asking price?
    The asking price for this property is $600,000.
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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
    250 Olive St Wabash, IN 46992
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