Updated Oct 13, 2026
Opus Development Corp Acquires Point 70 Logistics Park In Mount Comfort, IN For $10.6M
Point 70 Logistics Park in Mount Comfort, Indiana
$10,600,000
$1/SF
Building Size
10,890,000 SF
Asset Type
Industrial
Closing
Jun 8, 2020
About this deal
AI
The Point 70 Logistics Park in Mount Comfort, IN has been sold for a total of $10,600,000. The industrial property spans across 250 acres, resulting in a price per acre of $42,400. The sale was finalized on June 8, 2021, and the transaction involved the buyer, Opus Development Corp, and the seller, Borgman-Spell Family.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,600,000
- Address: Point 70 Logistics Park, Mount Comfort, IN
- Market: Mount Comfort, IN
- Buyer: Opus Development Corp
- Seller: Borgman-Spell Family
- Broker: Michael Horrigan - Bradley Company (@bradleycompany)
- Acres: 250
- Price Per Acre: $42,400
Michael Horrigan from Bradley Company represented the buyer, Opus Development Corp, during this transaction.
On the Map
$10,600,000
$1/SF
Industrial
View full map
Players
Greenfield Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Borgman-Spell Family to view all their deals.
Browse Greenfield industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.50%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93