852 Weston Ave Kendallville, IN 46755
This exceptional 75,000-square-foot industrial building in Kendallville, Indiana, presents a remarkable opportunity for businesses seeking a modern and efficient workspace. Completed in 2023, this single-tenant property boasts a spacious layout with 2,500 square feet of office area, perfectly suited for manufacturing, warehousing, or distribution operations. The high ceilings, reaching 30 feet at the peak and 27 feet at the eave, provide ample vertical space for storage and operations. Four dock-high doors and two drive-in doors ensure efficient loading and unloading, complemented by ample parking for 40 vehicles. The property features a robust 1,600-amp, 480/277-volt, 3-phase, 4-wire electrical system, and a state-of-the-art ESFR sprinkler system. Situated on an 8.47-acre lot, the building is zoned I1/Light Industrial (APN: 57-09-05-100-040.000-004) and benefits from a 10-year tax abatement. The property is available for lease at $5.95 per square foot, triple net, or for purchase at $5,950,000. This expansive facility offers significant expansion potential, with the possibility to increase the building size to 120,000 square feet. Located at 852 Weston Ave, Kendallville, IN 46755, this property offers unparalleled access to transportation networks and a thriving business community. Don't miss this chance to secure a prime industrial asset in a desirable location.
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
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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.