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Property profile & analytics
OFF-MARKET
Warehouses
901 Donaldson Dr Kendallville, IN 46755-1023
Entity Owned
Absentee Owner
Free & Clear
Property ID
US31-1518636
Property summary
AI-generated overview
This commercial property provides over 5,200 sq. ft. of flexible space situated on 0.93 acres. The building includes approximately 2,800 sq. ft. configured as retail or office space, and an additional 2,400 sq. ft. of warehouse space equipped with an overhead door and loading dock. The property is located in Kendallville, Noble County, Indiana.
Property profile
Verified
Property type
Warehouses
Use group
COMMERCIAL (GENERAL)
Year built
1960
Construction
WOOD
Total area
5,208 SF
Lot
0.93 ac (40,293 SF)
APN
57-07-29-200-037.000-020
UPID
US31-1518636
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
TWO B MANAGEMENT INC
TWO B MANAGEMENT INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kendallville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kendallville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,295
Tax year 2023
Assessed value
$325,200
Assessed 2023
Previous assessed
$325,200
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$240,200
Assessed improvement
$85,000
Land market value
$240,200
Improvement market value
$85,000
Total market value
$325,200
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Total area
5,208 SF
Lot
0.93 ac (40,293 SF)
APN
57-07-29-200-037.000-020
UPID
US31-1518636
Jurisdiction
NOBLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
TWO B MANAGEMENT INC
Entity
Free & Clear · 0 yrs held
Mailing address
1902 S CALHOUN ST, FORT WAYNE, IN 46802-5260
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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