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Property profile & analytics
OFF-MARKET Estimated value $1,495,000
Industrial land

3454 Detroit St Warsaw, IN 46582-2284

229,820 SF 0.02 ac lot Built 1969
Entity Owned ~ Est. High Equity
Property ID
US31-0195968
Property summary
AI-generated overview

This exceptional 96,714-square-foot industrial warehouse presents a significant opportunity in Warsaw, Indiana. Situated on a 6.5-acre lot, this single-story building boasts a 16' to 23' ceiling height, ideal for various industrial uses. The property features four loading docks and three dock-high doors, ensuring efficient material handling. Ample parking is provided with 50 spaces. Power is robust, with 480/4160 Volt service and a substation on-site. The building is equipped with a wet sprinkler system and includes both gas hanging heat and gas forced systems in the manufacturing/warehouse areas, complemented by central heating and cooling in the office space. A significant advantage is the inclusion of 360 feet of rail siding serviced by Norfolk Southern Railroad. The building's layout includes 87,622 square feet dedicated to manufacturing/warehouse/R&D space and an additional 9,092 square feet of office space. A five-ton crane is also included. Zoned I-2 Light Industrial, this property is located in Kosciusko County, at 3454 Detroit St, Warsaw, IN 46582 (APN: 43-07-29-200-872.000-017). Its strategic location on the northern edge of Warsaw, adjacent to the Warsaw Municipal Airport and State of Indiana-owned land within the Warsaw Plain Industrial Park, offers excellent access to major transportation routes and a thriving business community. The area is known for its concentration of medical equipment and supply manufacturers, including prominent names like DePuy-Synthes and Zimmer Biomet. The property's proximity to a new retail corridor anchored by Walmart, Lowe's, and Kohl's further enhances its appeal. Currently, the entire 96,714 square feet is available for lease.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1969
Construction CONCRETE
Total area 229,820 SF
Lot 0.02 ac (871 SF)
Zoning code I-1 L
APN 43-07-29-200-872.000-017
UPID US31-0195968
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
Current use
Occupant on record · Public records
  • KGPCo Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M
Owner & transaction history
Yoders Portable Buildings LLC
Yoders Portable Buildings LLC
since 2025
6 recorded transactions
2025
$820,000
2025
Price N/A
2024
Price N/A
2024
Price N/A
2023
Price N/A
2015
Price N/A
Zoning & alternative use
I-1 L · Warsaw, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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