407 California St, Andrews, IN 46702-9789
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.
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
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.