6886 N 400 E Kendallville, IN 46755
- Manufacturing properties
- 36,000 SF
- 2.72 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 6886 N 400 E
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 2.72 lot acres
- Property size
- 36,000 SF
- Property type
- Manufacturing properties
- APN
- 57-04-35-400-005.000-010
- APU
- 570435400005000010
Description
This exceptional 36,000-square-foot industrial building, situated on a 2.72-acre lot in Kendallville, Indiana, presents a significant opportunity. Built in 1980, this single-story structure boasts a 13-14 foot ceiling height, ideal for various manufacturing needs. The property features four dock-high doors (three with levelers, one without), and one drive-in door, ensuring efficient loading and unloading. Power is supplied by a robust 1200 Amp/480 Volt/3-phase system. Ample on-site parking is available for employees and visitors. The building's layout includes a main area with 30 x 50 column spacing and an addition with 50 x 25 column spacing, offering flexibility for diverse operational setups. The interior features a fully sprinklered system, fluorescent lighting, gas forced-air heat in the warehouse, and central air conditioning in the office space. Office amenities include two private offices, a conference room, a large open area suitable for cubicles, and separate men's and women's restrooms. The property is zoned I-2 High Intensity Industrial, allowing for a wide range of manufacturing uses. Its location on N 400 E St & County Rd 700 N offers convenient access, approximately 15 miles west of I-69 and 23 miles south of I-80/90. The building is currently entirely vacant. The property's APN is 57-04-35-400-005.000-010. Kendallville offers a desirable location with excellent parks, recreational facilities, schools, and a historic downtown area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $700,000
- 6.5%
- $645,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $705,000
- Geo Method
- $730,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $760,000
- Retail
- $735,000
- Mixed-Use
- $670,000
- Hospitality
- $705,000
- Educational
- $760,000
- Residential Income
- $645,000
- Energy
- $725,000
- Income-Based Land
- $570,000
- Food Service
- $755,000
Location Insight
- Map
- Local Demand
- City
- Kendallville
- County
- Noble
- State
- Indiana
- Longitude
- -85.3459
- Latitude
- 41.4511
- CBSA code
- 28340
- CBSA name
- KENDALLVILLE, IN MICROPOLITAN STATISTICAL AREA
