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Property profile & analytics
OFF-MARKET
Warehouses

5224 Asher Dr Markle, IN 46770

200,000 SF Built 2021
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 5224 Asher Dr, Markle, IN 46770 (cross street CR 500 N), offers 200,000 square feet of versatile space ideal for manufacturing, warehousing, or distribution. Built in 2021, the building sits on a substantial 33.14-acre lot and is zoned M1/Heavy Industrial within Huntington County. The entire 200,000 square feet is currently vacant and available for lease as a single unit. Features include a minimum divisible space of 100,000 square feet, with a maximum contiguous space of 200,000 square feet. The high-bay design boasts a 32-foot clear ceiling height, complemented by 16 loading docks, 16 dock-high doors, and 2 drive-in doors. The building also includes an ESFR sprinkler system. While elevators are not present, the property benefits from excellent interstate visibility and accessibility. Shell completion is slated for September 2023, allowing for tenant-specific interior finishes. This prime location in the Fort Wayne submarket presents a unique opportunity for businesses seeking a modern, efficient, and strategically located industrial facility.

Property profile
Verified
Property type Warehouses
Year built 2021
Total area 200,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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