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    230 Progress E Dr Kendallville, IN 46755-3267
    Property profile & analytics

    230 Progress E Dr Kendallville, IN 46755-3267


    • Warehouses
    • 59,066 SF
    • 5.04 lot acres
    Off-Market
    Property ID
    US31-1270524
    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.

    Value Estimations
    $1,410,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 230 Progress E Dr

    Year built
    1978
    Construction
    TYPE NOT SPECIFIED
    Lot size
    5.04 lot acres
    Property size
    59,066 SF
    Property type
    Warehouses
    APN
    57-07-35-300-004.000-020
    APU
    570735300004000020

    Description

    This single-tenant industrial warehouse, located at 230 S. Progress Dr. E. in Kendallville, Indiana, offers 59,000 square feet of versatile space ideal for distribution or warehousing needs. Built in 1978, the property sits on 5 acres of land and features a single story building with a desirable 20'-23' ceiling height. The warehouse boasts five loading docks, one drive-in door, and ample parking with 100 spaces available. Power is provided by a robust 1,600 Amp, 480/277, 3-phase system. The property is zoned IR/Industry Reserved, ensuring its suitability for a range of industrial uses. The building is exceptionally clean and has been maintained to a high standard. The property's location in Noble County offers potential access to economic incentives. Annual property taxes are $0.50 per square foot. The current lease rate is $3.90 per square foot, NNN. The property's APN is 57-07-35-300-004-000-020. Trailer parking is available on-site. This food-grade warehouse presents a compelling opportunity for businesses seeking efficient and well-maintained industrial space in a strategic location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,015,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,806,000
      Market price range: $668k - $2.93M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,745,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kendallville
    County
    Noble
    State
    Indiana
    Longitude
    -85.2224
    Latitude
    41.4417
    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
    $30,451
    $175,000
    $1,019,400
    $1,194,400
    -
    $175,000
    $1,019,400
    $1,194,400
    More about this property
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