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    31917 State Road 2 New Carlisle, IN 46552

    For Lease
    $6 SF/Yr

    Large industrial park with available and upcoming sites for lease.

    Property size:
    992,620 SF
    Lot size:
    147.42 Acres

    Property Features for 31917 State Road 2

    General Information

    Size
    992,620 SF
    Lot size
    147.42 Acres

    Source: JLL | Indianapolis Agent Robert L. Horn

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

    Overview

    Industrial Park Land for Lease

    This property is part of a 6,000+ acre Master Planned Industrial Park, featuring a 2,920-acre Core Development Area in Phase 1. Available sites include 750-acre and 195-acre parcels. Upcoming sites range from 30 acres to 200 acres. The location offers excellent utilities, road, rail, and air infrastructure. The development is stabilized, with county leadership, property development, entitlement processing, and incentives available.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Auto Repair Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Carlisle
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.502682
    Latitude
    41.672128

    FAQs

    What type of property is this?
    Industrial land - Large industrial park with available and upcoming sites for lease.
    Where is this industrial land located?
    The property is located at 31917 State Road 2 New Carlisle, IN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Over 6,000 acre Master Planned Industrial Park; - Excellent utilities, road, rail & air access; - 2,920-acre Core Development Area - Phase 1
    (616) 649-3533
    Request Owner's contact information
    31917 State Road 2 New Carlisle, IN 46552
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    New Carlisle, IN 46552
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31917 State Road 2 New Carlisle, IN 46552
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