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OFF-MARKET
Warehouses

Argos Michigan Road/Dewey St Argos, IN 46501

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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