Flex Warehouse with
2632 Cathy Lane Jasper, IN 47546
2632 Cathy Lane, Jasper, IN, 47546
$649,900
For Sale
$649,900
COMMERCIAL - Jasper, IN
Property Size12,600 SF
Lot Size1.01 Acres
Price / SF$51.58
Days on Market113
Property Features for 2632 Cathy Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 19-06-23-401-105.000-002
- Lot size
- 1.01 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Fairway Park 4th Add Lot 14
- Tax Annual Amount
- 7417
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Flooring type
- Concrete, Carpet, Tile - Ceramic
- Roof type
- Metal
Listing agency
F.C. TUCKER EMGE
(812) 482-1424
Listed by
Steve Lukemeyer · License #RB14036701
(812) 639-6340
Added: Apr 1 Updated: Jul 15 at 1:21AM Checked: Jul 22 at 7:06AM
MLS# 202611265
Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex warehouse building offers a combination of warehouse/industrial space plus office and showroom/retail space. The property includes two 10' drive-on overhead doors and a truck dock, with 11,400 sq ft dedicated to warehouse/industrial use. The office and showroom/retail areas total 406 sq ft and 521 sq ft, respectively, and the building has three restrooms. The dock-loading section features a sprinkler system and radiant heat floors, while the remainder of the building has gas heat. The office and showroom/retail areas are air conditioned, and all racking is included.
The property is offered for sale in Jasper, Indiana, on a 1.01-acre lot. Exterior visibility is supported by a pole sign out front.
Operational functionality is centered on the warehouse configuration, with loading served by both drive-in overhead doors and a dedicated truck dock, alongside separate conditioned areas for office and showroom/retail use.
The property is offered for sale in Jasper, Indiana, on a 1.01-acre lot. Exterior visibility is supported by a pole sign out front.
Operational functionality is centered on the warehouse configuration, with loading served by both drive-in overhead doors and a dedicated truck dock, alongside separate conditioned areas for office and showroom/retail use.
Key Highlights
- 12,600 sq ft building in Jasper with 11,400 sq ft warehouse/industrial space plus a 521 sq ft showroom/retail area
- Two 10' drive‑on overhead doors and a truck dock for loading and easy access
- Truck‑dock section features sprinkler system and radiant heated floors
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.2k | $6.84 |
| − Vacancy | −$5.9k | −$0.47 |
| EGI | $80.3k | $6.37 |
| − OpEx | −$24.1k | −$1.91 |
| NOI | $56.2k | $4.46 |
12,600 SF · lease $6.84/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.78M
$2.43M – $3.24M
NOI $194,594 @ 7.0% cap · market cap 29.94%
Second Best
Warehouse
$975.4K
$853.4K – $1.14M
NOI $68,275 @ 7.0% cap · market cap 10.51%
Theoretical Best
Multifamily LT 5
$89.51M
$78.32M – $104.43M
NOI $6,265,940 @ 7.0% cap · market cap 964.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
EBN INDUSTRIAL SUPPLY
Building Supply
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex/warehouse building includes office space, showroom/retail area, and warehouse with dock and drive-in doors.
Where is this flex space located?
The property is located at 2632 Cathy Lane Jasper, IN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 12,600 sq ft building in Jasper with 11,400 sq ft warehouse/industrial space plus a 521 sq ft showroom/retail area; Two 10' drive‑on overhead doors and a truck dock for loading and easy access; Truck‑dock section features sprinkler system and radiant heated floors
