801 Berryman Pike Tipton, IN 46072-8492
This exceptional 182,238-square-foot industrial facility in Tipton, Indiana, presents a compelling owner-user or investment opportunity. Located at 801 Berryman Pike, 46072, this Fee Simple property sits on a 9.56-acre lot and boasts a prominent position within Tipton County, making it the second-largest facility in the area. Built in 1946, the Class C building features a versatile layout previously used for steel manufacturing and stamping, adaptable to various high-production uses. The property offers seven grade-level and four dock-high overhead doors, ceiling heights ranging from 18 to 24 feet, and ample parking. Its I-2 zoning allows for expansion, and its proximity to a major US highway (less than 10 minutes away) provides excellent accessibility. The property includes 3-phase electrical service and is situated near rail service. Recently vacated, this building is immediately available for occupancy, offering a rare chance to acquire one of Tipton County's largest industrial buildings. The asking price is $3,500,000, translating to $19.21 per square foot. This represents a significant value-add opportunity for a discerning buyer seeking a substantial industrial space in a growing market. The property's size, location, and features make it ideal for a variety of industrial 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
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.