Small Warehouse
1900 N J Street Richmond, IN 47374
For Sale
Contact for pricing
Pending
For-sale warehouse opportunity in Richmond, Indiana, offering a compact footprint for light industrial storage and operations.
Property Size1,800 SF
Days on Market60
Property Features for 1900 N J Street
General Information
Standard status
Pending
Size
1,800 SF
Property subtype
Special Purpose
Building Details
Year Built
2011
Listing Agency:
Coldwell Banker Lingle
(765) 220-0199
Listed By:
Tony Foust · License #RB16001818
Source:
Crexi
Added: May 30
Changed: Jul 10
Last Checked: Jul 24 at 10:02AM
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 Coldwell Banker Lingle
Investment Insights
Based on property information with market context.
This for-sale warehouse property is a compact industrial building totaling 1,800 square feet. The space is offered as a single warehouse-style facility suitable for storage and other light industrial uses that fit within a smaller footprint.
The property is located at 1900 N J Street in Richmond, Indiana (47374). The address provides a straightforward reference point for scheduling tours, coordinating due diligence, and planning logistics for day-to-day operations.
Because the available information describes the asset primarily by its warehouse configuration and total size, it should be evaluated for tenant or buyer requirements related to occupancy scale. Prospective operators should confirm whether the building’s layout, access, and utilities meet their specific operational needs during the showing process. For buyers seeking a smaller warehouse building in Richmond, this offering can be a practical starting point to assess fit for storage-focused or light industrial activity.
The property is located at 1900 N J Street in Richmond, Indiana (47374). The address provides a straightforward reference point for scheduling tours, coordinating due diligence, and planning logistics for day-to-day operations.
Because the available information describes the asset primarily by its warehouse configuration and total size, it should be evaluated for tenant or buyer requirements related to occupancy scale. Prospective operators should confirm whether the building’s layout, access, and utilities meet their specific operational needs during the showing process. For buyers seeking a smaller warehouse building in Richmond, this offering can be a practical starting point to assess fit for storage-focused or light industrial activity.
Key Highlights
- Warehouse located at 1900 N J Street, Richmond, IN 47374
- Built in 2011
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 | $19.7k | $10.92 |
| − Vacancy | −$2.1k | −$1.19 |
| EGI | $17.5k | $9.73 |
| − OpEx | −$2.6k | −$1.46 |
| NOI | $14.9k | $8.27 |
1,800 SF · lease $10.92/SF/yr · vacancy 10.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$212.7K
$186.1K – $248.1K
NOI $14,886 @ 7.0% cap · market cap 8.27%
Second Best
Industrial
$175.1K
$153.2K – $204.3K
NOI $12,259 @ 7.0% cap · market cap 6.81%
Theoretical Best
Mixed Use
$225.6K
$197.4K – $263.3K
NOI $15,795 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- High Security Storage Corporation — 1543 S 9th St, Richmond, IN 47374
Frequently Asked Questions
What type of property is this?
Warehouse - For-sale warehouse opportunity in Richmond, Indiana, offering a compact footprint for light industrial storage and operations.
Where is this warehouse located?
The property is located at 1900 N J Street Richmond, IN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Warehouse located at 1900 N J Street, Richmond, IN 47374; Built in 2011
