How do I export text from an excel cell with alphanumeric values into another column?

Question

I have several cell entries in column B. They look similar to this:

1050670||Target Optical  4226||6132||7132
1051752||Wal-Mart Vision Ctr  305095||6132||7132
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Answer 1

You may also use the below formula if you wish to. It does not use the Indirect function.

=MID(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2),1,IF(ISNUMBER(VALUE(MID(SUBSTITUTE(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2)," ","¶",LEN(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2))-LEN(SUBSTITUTE(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2)," ",""))),FIND("¶",SUBSTITUTE(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2)," ","¶",LEN(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2))-LEN(SUBSTITUTE(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2)," ",""))))+1,50)))=TRUE,FIND("¶",SUBSTITUTE(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2)," ","¶",LEN(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2))-LEN(SUBSTITUTE(MID(A1,FIND("||",A1,1)+2,FIND("||",A1,FIND("||",A1,1)+2)-FIND("||",A1,1)-2)," ",""))))-1,50))