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New Industrial Facility in Columbia

1035 Rogers Drive Columbia City, IN

1035 Rogers Drive, Columbia City, IN, 00000
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New construction industrial facility with customizable space, available Summer 2024.

Property Size30,000 SF
Lot Size3.99 Acres
Price / SF$91.67
AddedNov 24, 2025
Days on Market233
Last RefreshMay 20 at 9:42 pm

Property Features for 1035 Rogers Drive

General Information

Standard status
Active
Size
30,000 SF
Lot size
3.99 Acres
Property subtype
INDUSTRIAL

Listing office BND Commercial, LLC

Listing date Nov 24, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of BND Commercial, LLC


Investment Insights

Based on property information with market context.

This new construction industrial facility, situated in Columbia City, offers 30,000 square feet of space with the potential to expand up to 100,000 square feet. The building is designed to be finished to suit, allowing for customization based on the user's specific needs and preferences. Located approximately 0.5 miles from US 30 and 14 miles from I-69, the property provides convenient access to transportation routes. Availability is anticipated in the summer of 2024. Adjacent land is available for separate purchase, offering additional space or development options.

Key Highlights

  • New construction industrial facility with 30,000 sq ft, expandable to 100,000 sq ft.
  • Conveniently located in Columbia City, just 0.5 miles from US 30 and 14 miles from I‑69.
  • Designed to be finished to suit, allowing for customization.

Local Financial Insights For Warehouse

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 $298.8k $9.96
− Vacancy −$13.4k −$0.45
EGI $285.4k $9.51
− OpEx −$42.8k −$1.43
NOI $242.6k $8.09
30,000 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.47M
$3.03M – $4.04M (±1% cap)
NOI $242,551 @ 7.0% cap · market cap 8.82%
Second Best
Flex RnD
$3.14M
$2.75M – $3.67M (±1% cap)
NOI $219,960 @ 7.0% cap · market cap 8.00%
Theoretical Best
Multifamily LT 5
$25.06M
$21.93M – $29.24M (±1% cap)
NOI $1,754,298 @ 7.0% cap · market cap 63.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Similar Off Market Nearby

  • Columbia City Storage — 800 E Hanna St, Columbia City, IN 46725

FAQs

What type of property is this?
Warehouse - New construction industrial facility with customizable space, available Summer 2024.
Where is this warehouse located?
The property is located at 1035 Rogers Drive Columbia City, IN.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: New construction industrial facility with 30,000 sq ft, expandable to 100,000 sq ft.; Conveniently located in Columbia City, just 0.5 miles from US 30 and 14 miles from I‑69.; Designed to be finished to suit, allowing for customization.
Contact an agent
(260) 410-3627 Call to check price and availability
More about this property
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