1514 Progress Dr Albion, IN 46701
Property Lookup
Property profile & analytics
1514 Progress Dr Albion, IN 46701
- Manufacturing properties
- 59,200 SF
- 5.00 lot acres
Property ID
US31-1316754
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Manufacturing properties
Property Details for 1514 Progress Dr
- Year built
- 1994
- Construction
- WOOD
- Lot size
- 5.00 lot acres
- Property size
- 59,200 SF
- Property type
- Manufacturing properties
- APN
- 57-12-20-400-005.000-022
- APU
- 571220400005000022
Description
This exceptional 59,200-square-foot industrial warehouse in Albion, Indiana, presents a significant opportunity. Situated on a 5.89-acre lot at 1514 Progress Dr., this single-tenant property offers immediate occupancy. The building features a pre-engineered steel construction with a standing seam metal roof and 6-inch reinforced concrete floors. High ceilings range from 13 to 20 feet, complemented by full air conditioning and energy-efficient LED lighting. The property includes 4 truck docks and 1 drive-in door, supported by a robust 1,200-amp electric service. Ample parking is provided with 84 spaces. Thirteen ground-mounted HVAC units ensure climate control. The location is strategically advantageous, offering easy access to SR 8 and I-69. The property is versatile and has potential for subdivision. The asking price is available upon request. This well-maintained facility is ideal for a variety of industrial uses. The lease rate is $3.95 per square foot per year (NNN).
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $790,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $889,000
Market price range: $789k - $1.77M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,225,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albion
- County
- Noble
- State
- Indiana
- Longitude
- -85.4018
- Latitude
- 41.3927
- CBSA code
- 28340
- CBSA name
- KENDALLVILLE, IN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,918
$68,600
$847,100
$915,700
-
$68,600
$847,100
$915,700
