4375 Park 30 DrColumbia City, IN 46725

Property Details for 4375 Park 30 Dr

Year built

2018

Construction

TYPE NOT SPECIFIED

Lot size

3.77 AC

Property size (Sq ft)

15,400 SF

Property type

Industrial properties

APN

92-05-16-220-033.000-012

APU

920516220033000012

Description

This exceptional 10.32-acre industrial land parcel presents a prime build-to-suit opportunity within the prestigious Park 30 Industrial Park in Columbia City, Indiana. Located in Whitley County, this property boasts a highly desirable IPM (Industrial Park/Manufacturing District) zoning, making it ideal for a variety of industrial uses. The land is comprised of two contiguous parcels, APN 92-05-16-220-031.000-12 and 92-05-16-220-032.000-012, offering flexibility for development. Parcel #31 encompasses 2.00 acres and is suitable for a build-to-suit project ranging from 16,500 to 25,000 square feet. The larger Parcel #32, spanning 8.32 acres, is divisible and can accommodate a build-to-suit project ranging from 53,000 to 125,000 square feet. The asking price for the entire 10.32-acre site is $472,016.16, representing a price per acre of $45,738. Strategically situated on US 30, this location offers excellent access to major transportation routes, connecting Columbia City and Fort Wayne, ensuring convenient logistics and accessibility for your business. This is a rare opportunity to secure a prominent location in one of Northeastern Indiana's premier business parks. Don't miss this chance to build your ideal industrial facility in a thriving location. The address is 4375 Park 30, Columbia City, IN 46725.

• CAP approach

  CAP return

  Valuation

  6%

  $6,013,750

  6.5%

  $5,551,160

  7%

  $5,154,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,622,300

  Geo Method

  $485,162

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,927,740

  Mixed-Use / Specialty

  $2,981,240

  Hospitality / Lodging

  $2,270,490

  Office

  $3,030,130

  Institutional / Educational

  $3,122,140

  Residential Income

  $3,652,910

  Multifamily

  $4,026,640

  Automotive / Energy

  $2,676,120

  Parking / Income-Based Land

  $860,328

  Restaurant / Food Service

  $1,687,030

  Healthcare / Senior Housing

  $2,991,640

Location Insight

City

Columbia City

County

Whitley

State

Indiana

Latitude

41.1381

Longitude

-85.4072

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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