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Property profile & analytics
FOR SALE
Manufacturing properties

6886 N 400 E Kendallville, IN 46755

36,000 SF 2.72 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
Property ID
US31-2227841
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Construction WOOD
Total area 36,000 SF
Lot 2.72 ac (118,483 SF)
APN 57-04-35-400-005.000-010
UPID US31-2227841
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
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$474k
Blend (final) Blend
$500k
Owner & transaction history
KENDLER HOLDINGS LLC
KENDLER HOLDINGS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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