www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
17870072
17870073

1514 Progress Dr., Albion, IN 46701

SZ
IN RB14014906, IN
The Zacher Company
JA
IN RB14049734
The Zacher Company
Listed by The Zacher Company
Unpriced
1491 days on market
Updated 9 days ago

59,200 SF Industrial

Details
APN 57-12-20-400-028.000-022
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 59,200
Cap Rate 1.00%
Tenancy Vacant
Lease Type NNN
Year Built 1994
Buildings 1
Stories 1
Acreage 5.890
Zoning Industrial Light
Ceiling Height 14.6' to 20'
Loading Docks 4

59,200 SF Industrial Bldg.

Marketing description

Introducing an exceptional opportunity at 1514 Progress Dr. This impressive 59,200 SF property, built in 1994 and zoned IH/Industrial Light, boasts an array of sought-after features. With complete air conditioning, ceiling heights ranging from 14.6' to 20', 1,200 amp electric service, four truck docks, and a drive-in door, this space is primed for industrial and manufacturing use. It's available immediately and offers outstanding value with a lease rate of $3.95/SF/yr (NNN). For further details on this fantastic property, inquire with the broker now.

Strategically positioned in Albion, Indiana, this property presents an exceptional opportunity for Industrial and Manufacturing investors or tenants. Albion benefits from its proximity to major transportation arteries, providing crucial access to regional and national markets. The area is known for its robust industrial landscape and skilled workforce, making it an attractive destination for industrial and manufacturing businesses. Nearby, investors and tenants will find essential resources and support services, along with access to the Albion Industrial Park, fostering a strong business environment. With its advantageous location and supportive infrastructure, this property in Albion holds great potential for industrial and manufacturing endeavors seeking to establish or expand their operations in the region.

Investment highlights

  • Fully air conditioned
  • Ceiling height: 14.6' to 20'
  • 1,200 amp electric service
  • Four truck docks & one drive-in door
  • Available Immediately
  • Sale Price: Ask Broker
  • Lease Rate: $3.95/SF/yr (NNN)

Listing Contacts

SZ
IN RB14014906, IN
The Zacher Company
JA
IN RB14049734
The Zacher Company
Listed by The Zacher Company

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
A AgricultureAgricultural
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 203 uses
View all 203 uses
Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591