Technical
Financial
Distress signals
Property profile

407 California St Andrews, IN 46702

OFF-MARKET
Industrial land
Property ID
US31-1555079
26,686 SF 2.34 ac lot Built 1964
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2.34-acre industrial land parcel presents a compelling investment opportunity in Andrews, Indiana. Located at 407 E California St, this property boasts convenient access to Main Street and is zoned M-1/Light Manufacturing, offering diverse development potential. The site is fully fenced, a significant advantage for security and operational efficiency. Existing infrastructure includes readily available utilities, eliminating the need for costly upfront investments. The property's paved surface further enhances its practicality and immediate usability. With a total asking price of $50,000, this translates to an attractive price per acre of $21,367.52. The property's APN is 35-04-23-300-018.100-003. This turnkey site is ideal for businesses seeking a strategically located, well-equipped, and cost-effective industrial space in Huntington County, Indiana. The property's location in Andrews, IN, zip code 46702, offers easy access to local amenities and transportation networks. This is a rare opportunity to acquire a ready-to-develop industrial site at a highly competitive price. Don't miss out on this chance to secure your business's future in a thriving community.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1964
Total area 26,686 SF
Lot 2.34 ac (101,974 SF)
APN 35-04-23-300-018.100-003
UPID US31-1555079

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

407 California St Andrews, IN 46702-9789
Andrews metro Census 962000 HUNTINGTON, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$680k
Blend (final) Blend
$630k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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