Argos Michigan Road/Dewey St Argos, IN 46501
This exceptional 20-acre industrial site in Argos, Indiana, presents a compelling investment opportunity. Located conveniently near US 31 (1/10 mile), this shovel-ready parcel offers immediate development potential. The asking price is $15,000 per acre, negotiable. The property boasts readily available utilities, including robust electric service provided by the Town of Argos. While the current primary service is 600 amps, significant expansion capacity exists due to a nearby substation (2000 feet) with ample room for growth. Argos offers low-cost electricity as a member of the Indiana Municipal Power Association (IMPA). Natural gas is supplied by NIPSCO, while the Town of Argos provides on-site water via an 8-inch water line and an 8-inch sewer line. High-speed internet access is available through RTC Fiber. The site's strategic location offers easy access to transportation networks, with South Bend International Airport a convenient 30 miles away. Furthermore, this property is situated within a Tax Increment Financing (TIF) area, presenting potential financial incentives for development. This is a rare opportunity to acquire a fully-serviced industrial site in a thriving Indiana community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.