New Industrial Facility in
1035 Rogers Drive Columbia City, IN
1035 Rogers Drive, Columbia City, IN, 00000
Contact for pricing
For Sale
Contact for pricing
New construction industrial facility with customizable space, available Summer 2024.
Property Size30,000 SF
Lot Size3.99 Acres
Price / SF$91.67
Days on Market240
Property Features for 1035 Rogers Drive
General Information
- Standard status
- Active
- Size
- 30,000 SF
- Lot size
- 3.99 Acres
- Property subtype
- INDUSTRIAL
Listing agency
BND Commercial, LLC
(260) 410-3627
Listed by
Karl Behrens · License #RB20001057
(260) 410-3627
Source
Moodyscre
Added: Nov 24, 2025 Updated: Jul 10 at 11:34AM Checked: Jul 21 at 6:34AM
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
NOI $242,551 @ 7.0% cap · market cap 8.82%
Second Best
Flex RnD
$3.14M
$2.75M – $3.67M
NOI $219,960 @ 7.0% cap · market cap 8.00%
Theoretical Best
Multifamily LT 5
$25.06M
$21.93M – $29.24M
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 For Sale Nearby
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.
