Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4375 Park 30 Dr, Unit 30 Columbia City, IN 46725

    • Industrial properties
    • 15,400 SF
    • 3.77 lot acres
    For Sale
    View listing
    $380,540
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US31-2842504
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 4375 Park 30 Dr

    Year built
    2018
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.77 lot acres
    Property size
    15,400 SF
    Property type
    Industrial properties
    APN
    92-05-16-220-033.000-012
    APU
    920516220033000012

    Description

    This exceptional 10.32-acre industrial land parcel presents a prime build-to-suit opportunity within the prestigious Park 30 Industrial Park in Columbia City, Indiana. Located in Whitley County, this property boasts a highly desirable IPM (Industrial Park/Manufacturing District) zoning, making it ideal for a variety of industrial uses. The land is comprised of two contiguous parcels, APN 92-05-16-220-031.000-12 and 92-05-16-220-032.000-012, offering flexibility for development. Parcel #31 encompasses 2.00 acres and is suitable for a build-to-suit project ranging from 16,500 to 25,000 square feet. The larger Parcel #32, spanning 8.32 acres, is divisible and can accommodate a build-to-suit project ranging from 53,000 to 125,000 square feet. The asking price for the entire 10.32-acre site is $472,016.16, representing a price per acre of $45,738. Strategically situated on US 30, this location offers excellent access to major transportation routes, connecting Columbia City and Fort Wayne, ensuring convenient logistics and accessibility for your business. This is a rare opportunity to secure a prominent location in one of Northeastern Indiana's premier business parks. Don't miss this chance to build your ideal industrial facility in a thriving location. The address is 4375 Park 30, Columbia City, IN 46725.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbia City
    County
    Whitley
    State
    Indiana
    Longitude
    -85.4072
    Latitude
    41.1381
    CBSA code
    23060
    CBSA name
    FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,584
    $94,300
    $972,600
    $1,066,900
    -
    $94,300
    $972,600
    $1,066,900

    Comparable in this City

    • Value Estimation by Request
      1,216 SF

      2179 Paige Rd

      INDUSTRIAL (GENERAL) • 1,216 SF
      2179 Paige Rd, Columbia City, IN 46725-9271
      View Details
    • Value Estimation by Request
      25,784 SF

      807 Ellsworth St

      INDUSTRIAL (GENERAL) • 25,784 SF
      807 Ellsworth St, Columbia City, IN 46725-2508
      View Details
    • Value Estimation
      $595,000
      32,032 SF

      702 Ellsworth St

      INDUSTRIAL (GENERAL) • 32,032 SF
      702 Ellsworth St, Columbia City, IN 46725-2500
      View Details
    • Value Estimation by Request
      3,200 SF

      303 Towerview Dr

      INDUSTRIAL (GENERAL) • 3,200 SF
      303 Towerview Dr, Columbia City, IN 46725-8799
      View Details
    • Value Estimation by Request
      5,720 SF

      380 Towerview Dr

      INDUSTRIAL (GENERAL) • 5,720 SF
      380 Towerview Dr, Columbia City, IN 46725-8799
      View Details
    • Value Estimation by Request
      11,058 SF

      2345 Business 30

      INDUSTRIAL (GENERAL) • 11,058 SF
      2345 Business 30, Columbia City, IN 46725-8768
      View Details

    Similar Nearby for Sale

    • $1,999,000
      1.70 Acres

      Columbia City Mixed-Use Opportunity

      Versatile commercial/industrial property in thriving business corridor.
      665 W Connexion Way, Columbia City, IN 46725
      View Details
    • $399,900
      Pending

      Versatile Mixed-Use Property

      Mixed-use property in prime location with parking and operational space.
      505 W Business 30, Columbia City, IN 46725
      View Details
    • $262,360
      3,771 SF

      Remodeled Warehouse with Expansion Potential

      Remodeled warehouse with expansion or trailer parking possibilities.
      309 Diamond Ave, Columbia City, IN 46725
      View Details
    • $289,900
      0.77 Acres

      Adaptable Commercial Building with Infrastructure

      Spacious commercial building with strong infrastructure and business potential.
      550 W Old Trail Rd, Columbia City, IN 46725
      View Details
    • $260,000
      0.43 Acres

      Columbia City Commercial Land Outlot

      High-traffic Starbucks outlot, 0.43 acres.
      0 Walker Way, Columbia City, IN 46725
      View Details
    • $137,500
      2,142 SF

      Columbia City Triplex Investment Opportunity

      Triplex with three units, ideal for savvy investors.
      220 E Van Buren St, Columbia City, IN 46725
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      30,000 SF

      Columbia City Warehouse - 30,000 SF

      New Industrial Warehouse, 30,000 SF, Columbia City, IN
      1035 Rogers Dr, Columbia City, IN 46725
      View Details
    • $12 SF/Yr
      2,567 SF

      Retail Space Near US-30

      Retail space for lease near US-30 in Columbia City.
      539-541 N Line St, Columbia City, IN 46725
      View Details
    • $22 SF/Yr
      14,820 SF

      Retail Space on 1.47 Acres

      14,820 SF retail space for lease until July 2030.
      535 N Line St, Columbia City, IN 46725
      View Details
    • $825,000
      8,255 SF

      Columbia City Office Space Available

      8,255 SF office space in the heart of Columbia City.
      119 W Market St, Columbia City, IN 46725
      View Details
    • $12 SF/Yr

      Retail Space For Lease

      Retail space available in Columbia Plaza strip center off US 30.
      539 N Line St, Columbia City, IN 46725
      View Details
    • Contact for pricing
      11,319 SF

      Line Street Center Retail Space

      Columbia City, IN retail opportunity.
      531 Line St, Columbia City, IN 46725
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4375 Park 30 Dr, Unit 30
    Columbia City, IN 46725
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.