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7074 W State Road 28 10,892 SF Industrial Building Elwood, IN 46036 $792,000 ($72.71/SF)



INVESTMENT HIGHLIGHTS
- 7074 W State Road 28 is a climate-controlled, single-story industrial space that includes four roll-up doors for efficient shipping and receiving.
- 1,632-square-foot on-site residence for an additional purchase, providing flexible options for owner-operators or employee housing.
- Positioned between Indianapolis and Fort Wayne International Airports, this site supports a broader distribution reach, each just over an hour away.
- Located along State Road 28, which provides excellent regional access and serves as an east-west connector between Interstates 65 and 69.
- Elwood is home to Red Gold Tomatoes, a food manufacturer, and St. Clair Glass Works/ The House of Glass, which is renowned for its hand-blown glass.
EXECUTIVE SUMMARY
Situated on 2.47 acres, with direct access to State Route 28, this 10,892-square-foot industrial facility provides excellent functionality for logistics, manufacturing, or distribution operations.
7074 W State Road 28 features four roll-up doors for efficient shipping and receiving, along with a single-story open layout that includes essential utilities such as lighting, water, sewer, and both heating and cooling for year-round climate control.
Strategically located along State Road 28, which averages a daily traffic count of 6,453 vehicles. State Road 28 is a significant east-west corridor between Interstates 65 and 69, providing convenient regional access to major markets, including Indianapolis, which is less than an hour away. Interstate 69 is within a 15-minute drive of Elwood, Indiana, offering connectivity between Michigan and Kentucky, and Interstate 65, located less than an hour away, provides north-south access from Indiana to Alabama.
With a population exceeding 30,400 individuals, Elwood offers a skilled workforce within a 10-mile radius, specifically in logistics, manufacturing, and industrial occupations.
An adjacent 1,632-square-foot residence is available for purchase for $230,000, creating additional flexibility for owner-operators or staff housing. Combined with a competitive price point and strong transportation connectivity, this property presents a strong opportunity for businesses seeking a well-positioned industrial investment.
7074 W State Road 28 features four roll-up doors for efficient shipping and receiving, along with a single-story open layout that includes essential utilities such as lighting, water, sewer, and both heating and cooling for year-round climate control.
Strategically located along State Road 28, which averages a daily traffic count of 6,453 vehicles. State Road 28 is a significant east-west corridor between Interstates 65 and 69, providing convenient regional access to major markets, including Indianapolis, which is less than an hour away. Interstate 69 is within a 15-minute drive of Elwood, Indiana, offering connectivity between Michigan and Kentucky, and Interstate 65, located less than an hour away, provides north-south access from Indiana to Alabama.
With a population exceeding 30,400 individuals, Elwood offers a skilled workforce within a 10-mile radius, specifically in logistics, manufacturing, and industrial occupations.
An adjacent 1,632-square-foot residence is available for purchase for $230,000, creating additional flexibility for owner-operators or staff housing. Combined with a competitive price point and strong transportation connectivity, this property presents a strong opportunity for businesses seeking a well-positioned industrial investment.
PROPERTY FACTS
| Price | $792,000 | Rentable Building Area | 10,892 SF |
| Price Per SF | $72.71 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1945 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.55/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 2.47 AC |
| Price | $792,000 |
| Price Per SF | $72.71 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.47 AC |
| Rentable Building Area | 10,892 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Tenancy | Single |
| Parking Ratio | 0.55/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
UTILITIES
- Lighting
- Water
- Sewer
- Heating
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Indianapolis
867,125
39
0 h 58 m
Columbus
892,533
183
3 h 41 m
Chicago
2,705,994
185
3 h 55 m
Detroit
672,662
237
4 h 41 m
Charlotte
872,498
573
11 h 10 m
Washington
702,455
574
11 h 12 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
30,064
Total Labor Force
16,143
Unemployment Rate
4.19%
Median Household Income
$68,759
Warehouse Employees
4,544
High School Education Or Higher
91.80%
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Presented by
Exquisite Properties LLC
7074 W State Road 28
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