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Property profile

10475 16Th Rd Argos, IN 46501

FOR SALE
Warehouses
Property ID
US31-1417369
10,080 SF 3.12 ac lot Built 1977
Entity Owned 1-yr Hold Free & Clear
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For Sale
Contact for pricing 10,080 SF
10475 16Th Rd, Argos, IN 46501
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Property summary

AI-generated overview

This exceptional industrial property, located at 10475 16th Road in Argos, Indiana, presents a unique opportunity for businesses seeking a versatile manufacturing facility. The building boasts a total of 10,080 square feet, strategically divided to maximize functionality. Over 1,400 square feet are dedicated to office space, providing ample room for administrative functions, while over 8,600 square feet are designed for efficient manufacturing operations. The property also includes a substantial outbuilding exceeding 2,000 square feet, offering additional storage or workspace potential. Situated on a generous 3-acre lot, this property offers ample space for expansion or outdoor operations. Its convenient location along US 31 in Marshall County ensures excellent accessibility and visibility. The property is available for both sale and lease. Reliable utilities are readily available, with Marshall County REMC supplying electricity and NIPSCO providing natural gas service. This property is ideal for a variety of manufacturing businesses seeking a well-equipped and strategically located facility in a thriving Indiana community. The combination of office and manufacturing space, along with the significant outbuilding and expansive land area, makes this a truly exceptional opportunity. Contact us today to learn more about this outstanding property.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 10,080 SF
Lot 3.12 ac (135,994 SF)
APN 50-22-11-000-010.000-007
UPID US31-1417369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • General Contractor

Location

10475 16Th Rd Argos, IN 46501
Argos metro Census 20800 PLYMOUTH, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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