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Crawfordsville Industrial Land for Lease
For Lease
$1,500,000

3607 Old US Highway 231, Crawfordsville, IN 47933

11.8-acre industrial land parcel in Crawfordsville, Indiana, for lease.

Space SizeContact for details
Days on Market281

Property Features for 3607 Old US Highway 231

General Information

Standard status Active
Property subtype Land
Listing Agency: CBRE - Indianapolis
Listed By: Jeff Merritt · License #RB14033827
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 26 Last Checked: Aug 29 at 7:28AM

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 CBRE - Indianapolis

Investment Insights

Based on property information with market context.

This unimproved property offers approximately 11.808 acres of land zoned I (Industrial) in Montgomery County. The zoning allows for a variety of industrial uses including manufacturing, warehouse and distribution, logistics and transportation, and research and development. The property is situated at the intersection of US HWY 231 and I-74, providing convenient access to major transportation routes. It is located in Montgomery County, which features a growing economy and a strong business climate. Pricing is subject to negotiation.

Key Highlights

  • ±11.808 Acres Zoned I (Industrial) in Montgomery County
  • Allows for a variety of industrial uses including Manufacturing, Warehouse/Distribution, Logistics/Transportation, and R&D
  • Situated at the intersection of US HWY 231 and I‑74

Property Analytics

Current Use

Industrial land

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 47933, IN

28,092
Population
12,254
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
235.7 sq mi
ZIP Area
119
Density / Sq Mi
$61,968
Median Household Income
$39,343
Median Earnings
$822
Median Rent
$176,400
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 11.8-acre industrial land parcel in Crawfordsville, Indiana, for lease.
Where is this land located?
The property is located at 3607 Old US Highway 231 Crawfordsville, IN.
What is the lease rate?
The lease rate is $1,500,000.
What are key features of this property?
This property features: ±11.808 Acres Zoned I (Industrial) in Montgomery County; Allows for a variety of industrial uses including Manufacturing, Warehouse/Distribution, Logistics/Transportation, and R&D; Situated at the intersection of US HWY 231 and I‑74
More about this property
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