Technical
Financial
Distress signals
Property profile

1301 Flora St Plymouth, IN 46563

FOR SALE
Warehouses
Property ID
US31-1955892
41,897 SF 6 ac lot Built 1970
Entity Owned Free & Clear
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Property summary

AI-generated overview

This 41,897-square-foot warehouse, located at 1301 Flora Street in Plymouth, Indiana, presents a significant redevelopment opportunity. Built in 1970, the property sits on a 6-acre lot and offers substantial space for various industrial uses. The warehouse features four loading docks and impressive ceiling heights ranging from 18 to 22 feet, providing ample room for storage and operations. Previously occupied by Lyondell Basell Industries, the property has undergone full decommissioning and will be vacant by Summer 2023. The asking price is $1,350,000, translating to $32.22 per square foot. Its strategic location offers excellent access to major transportation routes. Plymouth is conveniently situated approximately 25 miles north of South Bend via Highway 31, 125 miles south of Indianapolis on Highway 31, 95 miles from Chicago, and 70 miles east of Fort Wayne on Highway 30. This property is zoned for industrial use and presents a unique chance to acquire a substantial warehouse in a well-connected location within Marshall County, Indiana, zip code 46563. The lease expires September 30, 2023, and there is no remaining lease term.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 41,897 SF
Lot 6 ac (261,360 SF)
APN 50-42-32-302-052.000-019
UPID US31-1955892

Cap rate & NOI

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

Location

1301 Flora St Plymouth, IN 46563
Plymouth metro Census 20500 PLYMOUTH, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$943k
Blend (final) Blend
$815k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2014
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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