Investment Opportunity - Price Reduced 11624 E State Road 250 31,094 SF Industrial Building Crothersville, IN 47229 $2,365,000 ($76.06/SF)

INVESTMENT OPPORTUNITY
Rare opportunity to acquire a fully leased industrial investment property located just off Interstate 65 in Crothersville, Indiana. The offering includes a ±31,094 SF industrial facility together with an adjacent ±1.3-acre parcel featuring a tenant-occupied single-family residence, providing supplemental rental income and additional future flexibility.
The industrial facility is leased for a five-year term with stable in-place income, offering predictable cash flow for investors seeking long-term stability. The property features clear-span construction, approximately ±1,000 SF of office space, three dock-high doors, compressed air lines throughout, runway rail systems, heating, and varying ceiling heights ranging from approximately 11’ to 24’.
Strategically positioned along State Road 250 with immediate access to I-65, the property offers strong regional connectivity to Indianapolis, Louisville, and Southern Indiana manufacturing corridors.
Investment Highlights
• Fully leased industrial investment opportunity
• Five-year industrial lease in place providing stable cash flow
• In-place cap rate of approximately 6.85%
• Additional income-producing residential parcel included
• ±4.5 total acres included in offering
• Immediate access to Interstate 65
• Well-maintained 1996 construction
• Clear-span industrial configuration with dock-high loading
• Ideal passive investment or 1031 exchange opportunity
Additional Parcel Included
The sale includes the adjacent parcel located at 11566 E State Road 250, consisting of approximately 1.3 acres with a leased single-family home currently providing supplemental rental income. The additional parcel offers future flexibility for expansion, storage, office use, employee housing, or potential redevelopment opportunities.