Industrial Warehouse with
141 Crossroads Dr Whiteland, IN 46184
141 Crossroads Dr, Whiteland, IN, 46184
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For Sale
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Industrial warehouse with 3 dock doors, two drive-in doors, 30' clear height, and 1,400 SF office on 2.01 acres.
Property Size30,350 SF
Lot Size2.01 Acres
Price / SF$130.15
Days on Market226
Property Features for 141 Crossroads Dr
General Information
- Standard status
- Active
- Size
- 30,350 SF
- Lot size
- 2.01 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Colliers
(716) 913-7179
Listed by
Ben Schiller
Source
Moodyscre
Added: Dec 8, 2025 Updated: Jul 21 at 1:03PM Checked: Jul 21 at 1:03PM
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 Colliers
Investment Insights
Based on property information with market context.
This warehouse and distribution facility totals 30,350 SF, including approximately 1,400 SF of office space. The warehouse offers 3 dock doors (8' x 9') plus two overhead drive-in doors sized at 12' x 13' and 10' x 8', with 30' clear height. Additional building features include radiant heat and louvers, 3-phase power, and a wet sprinkler system. The property was built in 2014.
The site sits on 2.01 acres and is described as providing excellent access to I-65 and I-31. The property is listed as zoned IM.
For manufacturing and distribution users, the combination of dock and drive-in access, headroom, and warehouse mechanical systems supports a range of operational layouts.
The site sits on 2.01 acres and is described as providing excellent access to I-65 and I-31. The property is listed as zoned IM.
For manufacturing and distribution users, the combination of dock and drive-in access, headroom, and warehouse mechanical systems supports a range of operational layouts.
Key Highlights
- 30,350 SF warehouse on 2.01 acres with approximately 1,400 SF office space
- 3 dock doors (8' x 9') plus 2 overhead drive‑in doors (12' x 13' and 10' x 8')
- 30' clear height in the warehouse
Local Financial Insights For Warehouse
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 | $212.8k | $7.01 |
| − Vacancy | −$18.9k | −$0.62 |
| EGI | $193.8k | $6.39 |
| − OpEx | −$29.1k | −$0.96 |
| NOI | $164.7k | $5.43 |
30,350 SF · lease $7.01/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.35M
$2.06M – $2.75M
NOI $164,746 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$1.94M
$1.70M – $2.26M
NOI $135,673 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$7.65M
$6.69M – $8.92M
NOI $535,374 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
Similar Off Market Nearby
- STOR-A-LOT STORAGE — 6601 US 31 S, Whiteland, IN 46184
- Freedom Enterprise Boat and RV Storage — 112-162 E Co Rd 700 N, Whiteland, IN 46184
- Greenwood Boat & RV Storage Inc — 2630-2690 US 31 S, Greenwood, IN 46143
- AAA Self Storage — 111 Crossroads Dr, Whiteland, IN 46184
FAQs
What type of property is this?
Warehouse - Industrial warehouse with 3 dock doors, two drive-in doors, 30' clear height, and 1,400 SF office on 2.01 acres.
Where is this warehouse located?
The property is located at 141 Crossroads Dr Whiteland, IN.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 30,350 SF warehouse on 2.01 acres with approximately 1,400 SF office space; 3 dock doors (8' x 9') plus 2 overhead drive‑in doors (12' x 13' and 10' x 8'); 30' clear height in the warehouse
