2709 Patterson St Decatur, IN 46733-1872
This exceptional 96,249-square-foot industrial manufacturing facility, situated on a 5.87-acre lot, presents a unique investment opportunity. Built in 1983, the single-story building boasts a generous 18-foot ceiling height, ideal for various industrial applications. The property features three loading docks and eight dock-high doors, ensuring efficient loading and unloading operations. Power is readily available with 120, 240, and 480-volt service. The building's layout includes ample warehouse/production space, complemented by dedicated office and break room areas. Its previous use as a fiberglass facility speaks to its structural integrity and adaptability. The property is zoned for industrial use and is conveniently located near Guy Brown Street. The seller is open to dividing sections of the building for lease, offering flexibility for potential tenants. This presents a rare chance to acquire a substantial industrial property with significant potential for various uses, including warehousing and manufacturing. The building's size, ample power supply, and convenient access make it an attractive option for businesses seeking a well-equipped and strategically located facility. The existing office and break room spaces offer immediate functionality, minimizing the need for extensive renovations. This property is ready for immediate occupancy and offers a strong return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.