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    Newburgh Office/Showroom & Warehouse Space Title is generated by Realmo AI

    10844 Stahl Road, Newburgh, IN 47630

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    For Sale
    $449,000

    Office/Showroom,Warehouse, Mixed Use - Newburgh, IN

    Type:Single Family Residence
    Property size:
    2,400 SF
    Lot size:
    0.48 Acres
    Price / SF:
    $187/SF
    Added:
    May 4, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 20 at 4:06 am

    Property Features for 10844 Stahl Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Office
    Parking
    10
    Parking features
    Paved or Surfaced
    Interior features
    Drywall, Unfinished, Overhead Door 1, Office Space, Public Restrooms, Reception Area
    Exterior features
    Overhead Door 1, Office Space, Public Restrooms, Reception Area
    Standard status
    Active
    APN
    87-12-20-304-002.000-019
    Size
    2,400 SF
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5073

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    2022
    Floors in Building
    1
    Flooring type
    Concrete, Laminate, Other
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Donovan Wilkins
    Donovan Wilkins

    Listing agent Donovan Wilkins License #RB14028554

    Listing office RE/MAX REVOLUTION 331 Kimber Lane, Evansville, IN

    Listing date May 4, 2026

    MLS# 202616544 Listing URL

    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.

    HighLights

    • Built in 2022: Enjoy modern construction and systems.
    • 2400 sqft: Combination of office and warehouse space.
    • 1600 sqft Warehouse: Features high ceilings (23’) and a convenient 10'x12' garage door.
    • 800 sqft Finished Office Space: Includes 3 offices, training room, and bathrooms.
    • Located in Stahl Road Business Park: A desirable commercial location.
    • Ample Parking: Concrete lot provides sufficient parking space.

    Overview

    This commercial office building and warehouse, constructed in 2022, is situated in Stahl Road Business Park. The C/1 building offers a total of 2400 square feet on a half-acre lot. The finished office area comprises 800 square feet and includes three offices, a training room equipped with a sink, refrigerator, and coffee station, one full bath, and one half bath. The spacious, unfinished warehouse provides 1600 square feet with high ceilings reaching 23 feet. It features two exterior doors and a 10'x12' garage door. The building's construction includes an aluminum exterior with a brick front, a covered porch, and a metal roof. Mini-splits provide heating and air conditioning. Ample parking is available on the concrete lot.

    Local Financial Insights For Office B

    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 $43.2k $18.00
    − Vacancy −$9.9k −$4.14
    EGI $33.3k $13.86
    − OpEx −$8.3k −$3.47
    NOI $24.9k $10.40
    2,400 SF · lease $18.00/SF/yr · vacancy 23.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $356.4K
    $311.9K – $415.8K (±1% cap)
    NOI $24,948 @ 7.0% cap · market cap 5.56%
    Second Best
    Warehouse
    $193.1K
    $169.0K – $225.3K (±1% cap)
    NOI $13,517 @ 7.0% cap · market cap 3.01%
    Theoretical Best
    Specialty Retail
    $474.9K
    $415.5K – $554.0K (±1% cap)
    NOI $33,241 @ 7.0% cap · market cap 7.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.44752
    Latitude
    37.980809

    FAQs

    What type of property is this?
    Mixed-use property - 2022-built office/warehouse with high ceilings and ample parking.
    Where is this mixed-use property located?
    The property is located at 10844 Stahl Road Newburgh, IN.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Built in 2022: Enjoy modern construction and systems.; 2400 sqft: Combination of office and warehouse space.; 1600 sqft Warehouse: Features high ceilings (23’) and a convenient 10'x12' garage door.
    More about this property
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