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Versatile Spec Building Near Crane
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SGM Gene Shaw Technology Dr., Crane, IN 47522

40,000 SF spec building for office, flex, lab, warehouse.

Property Size4 SF
Days on Market184

Property Features for SGM Gene Shaw Technology Dr.

General Information

Standard status Active
Size 4 SF
Property subtype Land
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Jim Logan
Source: Tcnworldwide
Added: Jan 27 Changed: Jul 6 Last Checked: Jul 30 at 5:39AM

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 Premier Commercial Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

A 40,000 SF spec building is available for pre-leasing on SGM Gene Shaw Technology Dr. in Crane, IN. The property offers versatility with high ceilings, suitable for office, flex, lab space, warehouse, distribution, logistics, and build-to-suit configurations. It is located in Crane, Indiana, approximately 1 mile from Crane Naval Base and 1.5 miles from Interstate 69. The property is surrounded by R&D organizations, including Purdue University and entities affiliated with the Crane Naval Base. Purdue University @ WestGate provides educational, technology research, and commercialization advancements. The high ceilings offer a potential height of up to 28'. The property can be used as a storage facility.

Key Highlights

  • Strategic location: Only 1 mile from Crane Naval Base and 1.5 miles from Interstate 69.
  • Versatile 40,000 SF spec building suitable for office, flex, lab, warehouse, distribution, logistics, or build‑to‑suit configurations.
  • High ceilings (potential for up to 28') offer flexible space utilization.

Property Analytics

Current Use

Flex space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47522, IN

250
Population
137
Households
1.8
Avg Household Size
37
Median Age
6%
College-Educated
88%
High-School Grad
21.6 sq mi
ZIP Area
12
Density / Sq Mi
$29,448
Median Earnings
$751
Median Rent

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 40,000 SF spec building for office, flex, lab, warehouse.
Where is this flex space located?
The property is located at SGM Gene Shaw Technology Dr. Crane, IN.
What are key features of this property?
This property features: Strategic location: Only 1 mile from Crane Naval Base and 1.5 miles from Interstate 69.; Versatile 40,000 SF spec building suitable for office, flex, lab, warehouse, distribution, logistics, or build‑to‑suit configurations.; High ceilings (potential for up to 28') offer flexible space utilization.
More about this property
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