Property profile

189 Bell Dr Warsaw, IN 46582

OFF-MARKET
Office Spaces
Property ID
US31-1968966
3,467 SF 1 ac lot Built 1985
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,467 square foot single-tenant office building presents a unique opportunity in Kosciusko County. Built in 1985, this well-maintained property sits on a one-acre lot and boasts a convenient location, situated directly across from the Zimmer-Biomet north campus. Its prime location offers easy access to major transportation arteries, being just 0.3 miles from US 30 and one mile from State Road 15. The building's layout is highly functional and includes a versatile open workshop space, perfect for various business needs. In addition to the workshop, the building features six private offices, providing ample space for individual work or team collaboration. A dedicated conference room facilitates meetings and presentations, while a kitchenette offers convenience for staff and visitors. Two restrooms, one for men and one for women, ensure comfortable accommodations. The property includes 18 parking spaces, ensuring ample parking for employees and clients. The zoning is I-2 (light industrial), offering flexibility for a range of businesses. The property's APN is 43-07-33-300-397.000-017. This is an ideal opportunity for a business seeking a well-equipped, conveniently located office space in a thriving area.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1985
Construction WOOD
Total area 3,467 SF
Lot 1 ac (43,560 SF)
Zoning code IND-2
APN 43-07-33-300-397.000-017
UPID US31-1968966

Cap rate & NOI

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

Location

189 Bell Dr Warsaw, IN 46582-6934
Warsaw metro Census 961700 WARSAW, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
4 recorded transactions
2025
Price N/A
2025
Price N/A
2019
Price N/A
2019
Price N/A

Zoning & alternative use

IND-2 · Warsaw, IN

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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