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Industrial Facility with Loading Doors

11624 E STATE RD 250, Crothersville, IN 47229

For Sale
New
Contact for pricing

The industrial building is leased under a triple-net arrangement and includes a separate residence on an adjoining parcel.

Property Size31,094 SF
Price / SF$76.06
Days on Market7

Property Features for 11624 E STATE RD 250

General Information

Standard status Active
Size 31,094 SF
Property subtype Industrial
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 24 ft
Clear Span Yes
Office Build-Out 1,000 SF
Dock-High Doors 3
Power 1,200 amps
Voltage 480 V
Three-Phase Power Yes

Additional Details

Tenant in Place Yes

Building Details

Buildings 1
Building Size 31,094 SF
Listing Agency: Breeden Commercial
Listed By: Wendy Scgalski · License IN RB21001483
Source: Crexi
Added: Nov 7 Changed: Nov 10 Last Checked: Nov 12 at 5:51AM

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 Breeden Commercial

Rey
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Investment Insights

Based on property information with market context.

The offering combines an approximately 31,094 SF industrial building with a nearby 1.3-acre parcel containing a tenant-occupied single-family home. The industrial space has clear-span construction, about 1,000 SF of office area, three dock-high doors and five overhead doors. Building features also include compressed-air lines, runway rail systems, full-building heat, 1,200-amp, 480-volt three-phase electrical service and ceiling heights of approximately 11 to 24 feet. The facility is fully leased on a triple-net basis; the residence provides additional rental income. The residential parcel was acquired with potential industrial expansion in mind, subject to zoning, approvals and existing lease rights.

The property fronts State Road 250 near the I-65 interchange at Exit 41, with regional access to Indianapolis, Louisville, Cincinnati and Southern Indiana manufacturing corridors.

Key Highlights

  • Approximately 31,094 SF industrial facility, fully leased on a triple‑net basis
  • Adjacent approximately 1.3‑acre parcel includes a tenant‑occupied single‑family residence
  • Three dock‑high loading doors and five overhead doors

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick HVAC Service Plumbing Service Auto Parts Store Garden Center Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
3
Dock-high doors
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 47229, IN

3,186
Population
1,205
Households
2.6
Avg Household Size
40
Median Age
10%
College-Educated
92%
High-School Grad
48.8 sq mi
ZIP Area
65
Density / Sq Mi
$62,917
Median Household Income
$46,705
Median Earnings
$965
Median Rent
$151,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - The industrial building is leased under a triple-net arrangement and includes a separate residence on an adjoining parcel.
Where is this industrial property located?
The property is located at 11624 E STATE RD 250 Crothersville, IN.
What is the asking price?
The asking price for this property is $2,365,000.
What are key features of this property?
This property features: Approximately 31,094 SF industrial facility, fully leased on a triple‑net basis; Adjacent approximately 1.3‑acre parcel includes a tenant‑occupied single‑family residence; Three dock‑high loading doors and five overhead doors
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