71 Radio RdColumbia City, IN 46725

  • Industrial properties
  • 24,416 SF
For Sale
$685,000 View listing

Property Details for 71 Radio Rd

Year built
1954
Construction
WOOD
Lot size
5.69 AC
Property size (Sq ft)
24,416 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
92-06-11-000-305.900-004
APU
920611000305900004

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,256,286
    Hospitality
    $4,814,730
    Educational
    $4,005,799
    Medical
    $4,143,564
    Retail
    $6,231,242
71 Radio Rd, Columbia City, Indiana
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Location Insight

City
Columbia City
County
Whitley
State
Indiana
Latitude
41.1477
Longitude
-85.4895
CBSA code
23060
CBSA name
FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,551
$106,100
$317,300
$423,400
-
$106,100
$317,300
$423,400

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