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Investment Highlights

  • Excellent location for distribution or manufacturing
  • Newly remodeled exterior and new roof
  • Interstate access nearby

Executive Summary

Industrial/Flex building in excellent condition. 14'+ ceilings. New Roof, New Overhead Doors, recent upgrades, large parking area and additional outdoor space for expansion and/or parking. 2 Drive In doors. 4 Loading Dock Doors. Office area with additional overhead garage space. Ideal for single or multi-tenant use. Perfect for manufacturing and/or distribution.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $288,435 $4.90
Other Income - -
Vacancy Loss $30,000 $0.51
Effective Gross Income $258,435 $4.39
Taxes $7,734 $0.13
Operating Expenses $25,000 $0.42
Total Expenses $32,734 $0.56
Net Operating Income $225,701 $3.83

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $288,435
Annual Per SF $4.90
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $30,000
Annual Per SF $0.51
Effective Gross Income
Annual $258,435
Annual Per SF $4.39
Taxes
Annual $7,734
Annual Per SF $0.13
Operating Expenses
Annual $25,000
Annual Per SF $0.42
Total Expenses
Annual $32,734
Annual Per SF $0.56
Net Operating Income
Annual $225,701
Annual Per SF $3.83

Property Facts

Price $1,300,000
Price Per SF $22.09
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 2.36 AC
Rentable Building Area 58,858 SF
No. Stories 1
Year Built/Renovated 1955/2026
Tenancy Single
Parking Ratio 0.34/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
Zoning I2 - Industrial

Amenities

  • 24 Hour Access
  • Controlled Access
  • Signage

Utilities

  • Lighting
  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,672-57,688 SF
  • Flex
  • Partial Build-Out
  • Now

Just minutes from I-74W, flexible use spaces available from 3,672-14,288 sf. Building has multiple use options from indoor large vehicle storage to manufacturing. Ideal location for business incubators. Landlord will build to suit each space or entire building with a cap and TI available over cap. Minimum 1 year leases preferred. Lease rate includes utilities. Shared restroom or have one built into your own space. Ample outdoor parking available with four docks (3-10' and 1-8' doc available) as well as overhead drive in door.

Space Size Space Use Build-Out Available
1st Floor 3,672-57,688 SF Flex Partial Build-Out Now

1st Floor

Size
3,672-57,688 SF
Space Use
Flex
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 3,672-57,688 SF
Space Use Flex
Build-Out Partial Build-Out
Available Now

Just minutes from I-74W, flexible use spaces available from 3,672-14,288 sf. Building has multiple use options from indoor large vehicle storage to manufacturing. Ideal location for business incubators. Landlord will build to suit each space or entire building with a cap and TI available over cap. Minimum 1 year leases preferred. Lease rate includes utilities. Shared restroom or have one built into your own space. Ample outdoor parking available with four docks (3-10' and 1-8' doc available) as well as overhead drive in door.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 54-10-04-300-021.000-030
  • 54-10-04-224-047.000-030
Land Assessment
$63,400 (2025)
Improvements Assessment
$179,700 (2025)
Total Assessment
$243,100 (2025)
Annual Taxes
$7,734 ($0.13/SF)
Tax Year
2026
  • Listing ID: 42026146

  • Date on Market: 9/2/2026

  • Last Updated:

  • Address: 1819 Elmore St, Crawfordsville, IN 47933

Contact the Sale Advisor

1819 Elmore St

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