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Property profile & analytics
OFF-MARKET Estimated value $1,590,000
Warehouses

2847 600th S Warren, IN 46792-9426

34,360 SF 27.49 ac lot Built 1954
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-1696412
Property summary
AI-generated overview

This exceptional industrial property, located at 2847 E 600 S, Warren, IN 46792, offers a multitude of leasing options. The 163,000 square foot facility sits on 27.5 acres and comprises five buildings, offering flexibility for various business needs. The property features a mix of warehouse and office space, with immediate availability of up to 50,000 square feet. Warehouse spaces boast 30-foot ceilings, ample parking, eight loading docks, and twelve drive-in doors. Building #3 alone offers 50,000 square feet of warehouse space. A separate 4,000 square foot office building is also available, potentially divisible for shared occupancy. The property is zoned M1/GB and benefits from an 819-foot frontage on State Road 124, providing excellent visibility and accessibility. Minimum leasable space is 5,000 square feet, with the potential for build-to-suit options ranging from 25,000 to 250,000 square feet. The property's Class B designation reflects its well-maintained condition. Built in 1999, the property includes two modern Butler pre-engineered steel warehouses with 60' x 30' bay spacing. Additional features include a 5,000 square foot building with drive-thru bays and ample paved parking for trucks and trailers. Property taxes are $0.22 per square foot. The Huntington County location, within the Fort Wayne submarket, provides convenient access to major transportation routes.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1954
Construction TYPE NOT SPECIFIED
Total area 34,360 SF
Lot 27.49 ac (1,197,464 SF)
APN 35-12-04-100-042.400-016
UPID US31-1696412
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
by Request
Blend (final) Blend
$1.59M
Owner & transaction history
Cal Real Esatte LLC · 6 yrs held
Cal Real Esatte LLC
since 2019
2 recorded transactions
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.6M +53.6%
Auto repair, garage $2.4M +45.8%
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