You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,605,000
Manufacturing properties

701 Ml St Angola, IN 46703-1046

48,330 SF 2.98 ac lot Built 1980
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US31-1735779
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Construction TYPE NOT SPECIFIED
Total area 48,330 SF
Lot 2.98 ac (129,809 SF)
APN 76-06-27-140-101.000-012
UPID US31-1735779
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
$1.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.61M
Owner & transaction history
Mill Street Properties LLC · 6 yrs held
Mill Street Properties LLC
since 2020
Last sale
$1.5M
1 recorded transaction
2020
$1.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.9M +32.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 701 Ml St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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