701 Ml St Angola, IN 46703-1046
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.