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Property profile & analytics
OFF-MARKET
Warehouses

367 1st St South Whitley, IN 46787-1258

33,600 SF 5 ac lot Built 1982
Entity Owned Free & Clear
Property ID
US31-1569561
Property summary
AI-generated overview

This exceptional industrial property, located at 367 W 1st St, South Whitley, Indiana, presents a compelling investment opportunity. The 33,600 square foot building sits on a spacious 5-acre lot, offering ample room for operations and expansion. Built in 1976 and renovated in 2019, the single-story structure features two loading docks and a drive-in door, ensuring efficient material handling. Inside, a climate-controlled production area provides a comfortable work environment. The property boasts substantial power with an 800 Amp, 480 Volt, 3-Phase electrical supply, ideal for manufacturing processes. The property is zoned I1/Limited Industrial and includes 71 parking spaces. The asking price is $999,000, translating to $29.73 per square foot. This single-tenant, net-lease property offers immediate returns with 100% occupancy. The property's location in South Whitley, Indiana, provides easy access to transportation routes and a skilled workforce. This is a rare opportunity to acquire a well-maintained, fully operational industrial facility in a desirable location. The property's features, including its size, power capacity, and loading capabilities, make it suitable for a variety of manufacturing and warehousing operations. The substantial lot size also allows for future expansion or development. The APN is 92-07-33-000-213.000-002. This is a turnkey operation ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Construction TYPE NOT SPECIFIED
Total area 33,600 SF
Lot 5 ac (217,800 SF)
APN 92-07-33-000-213.000-002
UPID US31-1569561
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
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Owner & transaction history
DWYER INSTRUMENTS INC
DWYER INSTRUMENTS INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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