3930 W 700 N Columbus, IN 47201
COMMERCIAL - Columbus, IN
Property Features for 3930 W 700 N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Industrial
- Parking features
- Open, Gated
- Security features
- Security System
- Fencing
- Gate, Chain Link
- Standard status
- Pending
- APN
- 030515330000300009
- Lot size
- 13.59 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Part Lot 2 - Willoughby Trucking Park Replat Of Block B-1 (P/371A)
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Radiant, Radiant Floor
- Cooling system
- Central Air
Building Details
- Year built
- 2024
- Roof type
- Aluminum, Metal
Listing agent Christopher Braun License #RB21000218 (812) 372-2200
Listing office RE/MAX Real Estate Prof 1st Street 301, Columbus, IN (812) 372-2200
Listing date May 29, 2026
Copyright © 2026 MIBOR Service Corporation. 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.
The property sits at 3930 W 700 N in the SE corner of the I-65 and Hwy 31 interchange, offering convenient access to the interchange.
Set on 13.59 acres, the site includes loads of parking and provides room for expansion, supporting both existing building use and future growth.
Key Highlights
- Newly constructed 6,000 SF commercial shop built in 2024 at the SE corner of the I‑65 and Hwy 31 interchange
- Office space attached via breezeway: 2,000 SF with 5 offices plus break room, storage, bathroom, and reception/foyer
- Heated and cooled shop with radiant heat including radiant floor heating
Local Financial Insights For Flex RnD
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 | $172.8k | $21.60 |
| − Vacancy | −$12.1k | −$1.51 |
| EGI | $160.7k | $20.09 |
| − OpEx | −$56.2k | −$7.03 |
| NOI | $104.5k | $13.06 |
