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    Property profile & analytics

    701 Ml St Angola, IN 46703-1046

    • Manufacturing properties
    • 48,330 SF
    • 2.98 lot acres
    OFF-MARKET
    Value Estimation
    $1,665,000
    Last Sale
    Apr 03, 2020
    $1,500,000
    Location Intelligence
    Property ID
    US31-1735779
    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

    • Manufacturing properties

    Property Details for 701 Ml St

    Year built
    1980
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.98 lot acres
    Property size
    48,330 SF
    Property type
    Manufacturing properties
    APN
    76-06-27-140-101.000-012
    APU
    760627140101000012

    Description

    This exceptional industrial property, located at 701 Mill Street, presents a significant opportunity for manufacturing businesses seeking a substantial and well-equipped facility. The single-tenant building encompasses a total of 48,330 square feet, strategically divided to maximize functionality. The warehouse space alone offers a generous 46,530 square feet, providing ample room for production, storage, and operations. Complementing the warehouse is approximately 1,800 square feet of dedicated office space, ideal for administrative functions and management. The property boasts robust infrastructure, including a 1200-amp, 3-phase electrical system, ensuring sufficient power for demanding operations. Efficient loading and unloading are facilitated by three dock-high doors and two convenient grade-level drive-in doors. High ceilings, ranging from 15 to 20 feet, accommodate various equipment and processes. Safety is prioritized with a comprehensive wet sprinkler fire protection system. Situated on a sizable 2.98-acre lot, this property offers ample outdoor space for potential expansion or additional storage needs. This turnkey manufacturing facility is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained and strategically located industrial asset. The property's features and size make it an ideal choice for a variety of manufacturing operations.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,735,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,400,000
      6.5%
      $1,540,000
      7%
      $1,330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,550,000
      Geo Method
      $1,360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,585,000
      Retail
      $1,695,000
      Mixed-Use
      $1,535,000
      Hospitality
      $1,590,000
      Educational
      $1,715,000
      Residential Income
      $1,800,000
      Energy
      $1,320,000
      Income-Based Land
      $1,295,000
      Food Service
      $1,290,000

    Location Insight

    • Map
    • Local Demand
    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -85.0096
    Latitude
    41.6383
    CBSA code
    11420
    CBSA name
    ANGOLA, IN MICROPOLITAN 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
    $24,535
    $156,500
    $1,167,800
    $1,324,300
    -
    $156,500
    $1,167,800
    $1,324,300

    Comparable in this City

    • Value Estimation by Request
      133,550 SF

      2999 Wayne St

      MANUFACTURING (LIGHT) • 133,550 SF
      2999 Wayne St, Angola, IN 46703-9122
      View Details
    • Value Estimation by Request
      10,152 SF

      410 Weatherhead St

      HEAVY MANUFACTURING • 10,152 SF
      410 Weatherhead St, Angola, IN 46703-1025
      View Details
    • Value Estimation by Request
      134,928 SF

      1501 Wohlert St

      MANUFACTURING (LIGHT) • 134,928 SF
      1501 Wohlert St, Angola, IN 46703-1064
      View Details
    • Value Estimation by Request
      92,762 SF

      503 Weatherhead St

      MANUFACTURING (LIGHT) • 92,762 SF
      503 Weatherhead St, Angola, IN 46703-1057
      View Details
    • Value Estimation
      $460,000
      28,426 SF

      1023 Wayne St

      MANUFACTURING (LIGHT) • 28,426 SF
      1023 Wayne St, Angola, IN 46703-2163
      View Details
    • Value Estimation
      $360,000
      3,200 SF

      1301 Wohlert St

      MANUFACTURING (LIGHT) • 3,200 SF
      1301 Wohlert St, Angola, IN 46703-1060
      View Details

    Similar Nearby for Sale

    • $499,000

      Angola Industrial Land - $499K

      Prime Industrial Land, US 20 Frontage
      0 Gerald Lett Ave, Angola, IN 46703
      View Details
    • $499,000

      Prime Angola Industrial Land

      5 Acres, US 20 Frontage, C-1 Zoning
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    • $1,000,000

      Angola Industrial Land - $1M

      Prime Industrial Land, Angola, IN
      0 Tbd Golden Lk Rd, Angola, IN 46703
      View Details
    • $225,500
      5.05 Acres

      Angola Industrial Land for Sale

      5.05 Acres, Prime Location
      0 Wohlert St, Angola, IN 46703
      View Details
    • New
      $308,800
      0.44 Acres

      Mixed-Use Building in Angola, Indiana

      2880 SF mixed-use building with offices and warehouse space.
      207 W Harcourt Rd, Angola, IN 46703
      View Details
    • Contact for pricing
      30,000 SF

      Prime Angola Mixed-Use Building

      Downtown Angola storefront, 30,000+ SF
      100 Maumee St, Angola, IN 46703
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      135,500 SF

      Angola Industrial Facility For Lease

      135,500 SF industrial facility on 14.41 acres for lease.
      300 Growth Pkwy, Angola, IN 46703
      View Details
    • $4 SF/Yr
      48,330 SF

      Angola Warehouse Space Available

      48,330 SF warehouse space for lease in Angola, Indiana.
      701 W Mill St, Angola, IN 46703
      View Details
    • $16,438 /Mo
      24,380 SF

      Angola Industrial Warehouse Sub-Lease

      Industrial warehouse sub-lease available in Angola, Indiana.
      300 Industrial Dr St, Angola, IN 46703
      View Details
    • $12 SF/Yr
      49,920 SF

      Angola Retail Center Opportunity

      High-traffic retail space available in Angola, IN
      202 Harcourt Rd, Angola, IN 46703
      View Details
    • $21 SF/Yr
      2,579 SF

      Retail Space on North Wayne

      Retail space with excellent visibility available for rent.
      2200 N Wayne St, Angola, IN 46703
      View Details
    • $12 SF/Yr
      12,600 SF

      Angola Shoppes: Prime Retail Space

      Retail/Office Suites in Angola, IN
      1202 Maumee St, Angola, IN 46703
      View Details
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    Angola, IN 46703-1046
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    Realmo Value Estimation

    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.

    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.

    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
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