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Property profile & analytics
FOR SALE
Manufacturing properties

1615 W Mcdonald St Hartford City, IN 47348

118,468 SF 13.33 ac lot Built 1990
Entity Owned Free & Clear
Property ID
US31-2302571
Property summary
AI-generated overview

This exceptional 117,454-square-foot industrial property in Hartford City, Indiana, presents a significant opportunity. The single-tenant building, constructed in 1990, sits on 13.33 acres and boasts a spacious layout ideal for manufacturing or warehousing operations. The high ceilings, ranging from 21 feet at the eaves to over 29 feet at the peak, provide ample vertical space. Seven 8' x 9' loading docks, equipped with levelers and locks, ensure efficient loading and unloading. Two additional ground-level drive-in doors (12'W x 16'H and 12'W x 14'H) offer further flexibility. Power is supplied by AEP (2,500 Amp, 480/277V), and natural gas is provided by Vectren. Hartford City Water Works handles water and sewer services. The property includes a 10-ton crane with an 18-foot under hook, 60-foot run, and 18-foot width. Its strategic location offers convenient access to major transportation routes: 9 miles from I-69 & US Hwy 35 Gas City Exit, 0.6 miles from State Road, 45 miles from Fort Wayne, and 78 miles from Indianapolis. The property is zoned I-2 and its APN is 05-03-10-600-008.001-006. This is a turnkey solution for businesses seeking a substantial industrial space in a well-connected location. The entire building is currently vacant.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 118,468 SF
Lot 13.33 ac (580,655 SF)
Zoning code ZO01
APN 05-03-10-600-008.001-006
UPID US31-2302571
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.27M
Blend (final) Blend
$4.22M
Owner & transaction history
Hanjung America Co
Hanjung America Co
since 2025
Last sale
$4.7M
4 recorded transactions
2025
$4.7M
2017
Price N/A
2014
Price N/A
2013
$1.0M
Zoning & alternative use
ZO01 · Hartford City, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $4.5M +45.7%
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