71 Radio Rd Columbia City, IN 46725-2751
This vacant 24,416-square-foot warehouse, located at 71 E. Radio Rd in Columbia City, Indiana, presents a compelling investment opportunity. The property, built in 1954 and significantly renovated in 1990 and 2009, boasts a 12-foot ceiling height, enhancing operational flexibility. The building features one loading dock and two dock-high doors, facilitating efficient material handling. Its I-1 zoning allows for a variety of industrial uses. Situated on a prominent corner lot at Hwy 205 & Hwy 9, this warehouse offers excellent visibility and accessibility. The asking price is $685,000, translating to $28.06 per square foot. The property includes a 3,000 square foot outbuilding and a sprinkler system. The property's address is 71 E. Radio Rd, Columbia City, IN 46725, and its APN is 92-06-11-000-305.900-004. This well-maintained warehouse is ready for immediate occupancy and represents a strong value in the Whitley County market. The property's strategic location in the Out of Allen County area makes it ideal for businesses seeking convenient access to transportation routes and a growing industrial base. This is a rare opportunity to acquire a functional and well-located industrial property at an attractive price point.
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
No recorded transactions found for this property.
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.