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Warehouse with Office and Showroom
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2632 Cathy Lane, Jasper, IN 47546

Functional warehouse with office, showroom area, and loading capacity for businesses needing both production and customer-facing space.

Property Size12,600 SF
Price / SF$53.96
Days on Market59

Property Features for 2632 Cathy Lane

General Information

Standard status Active
Size 12,600 SF
Property subtype Retail, Industrial, Mixed Use

Warehouse & Industrial

Dock-High Doors 1
Drive-In Doors 2
Sprinkler System Yes

Additional Details

Business Included Yes

Building Details

Year Built 1988
Listing Agency: F.C. Tucker Commercial Jasper
Listed By: Steven Lukemeyer · License #RB14036701
Source: Crexi
Added: Jun 8 Changed: Jul 10 Last Checked: Aug 5 at 11:00AM

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 F.C. Tucker Commercial Jasper

Investment Insights

Based on property information with market context.

This 12,600 sq. ft. building is set up for mixed operations, combining a warehouse/industrial area with office and showroom/retail space. The warehouse includes two 10' drive-in overhead doors and a truck dock. There are 3 restrooms on site, and the property also features 406 sq. ft. of office space plus a 521 sq. ft. showroom/retail area. The dock/loading section has a sprinkler system and radiant heat floors, while the remainder of the building is served by gas heat. The office and showroom/retail areas are air conditioned, and all racking is included.

Located at 2632 Cathy Lane in Jasper, Indiana, the building includes a pole sign out front for company advertising.

With drive-in access, dock service, and an included office plus showroom/retail area, the layout can support tenants that need straightforward logistics alongside space for customer interaction. The existing heating and cooling distribution, along with the sprinklered dock section, provides a practical baseline for day-to-day warehouse and office use.

Key Highlights

  • 12,600 SF warehouse/industrial building built in 1988 in Jasper
  • Includes 11,400 SF warehouse/industrial space plus a 521 SF showroom/retail area
  • Two 10' drive‑in overhead doors and a truck dock for loading and unloading

Financial Insights For Industrial

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 $86.2k $6.84
− Vacancy −$5.9k −$0.47
EGI $80.3k $6.37
− OpEx −$24.1k −$1.91
NOI $56.2k $4.46
12,600 SF · lease $6.84/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Office B
$2.78M
$2.43M – $3.24M (±1% cap)
NOI $194,594 @ 7.0% cap · market cap 28.62%
Second Best
Warehouse
$975.4K
$853.4K – $1.14M (±1% cap)
NOI $68,275 @ 7.0% cap · market cap 10.04%
Theoretical Best
Multifamily LT 5
$89.51M
$78.32M – $104.43M (±1% cap)
NOI $6,265,940 @ 7.0% cap · market cap 921.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

EBN INDUSTRIAL SUPPLY Building Supply

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Auto Parts Store HVAC Service Dental Office Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
2
Drive-in doors
Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47546, IN

22,445
Population
10,080
Households
2.2
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
121.6 sq mi
ZIP Area
185
Density / Sq Mi
$67,806
Median Household Income
$41,824
Median Earnings
$767
Median Rent
$232,300
Median Home Value

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 - Functional warehouse with office, showroom area, and loading capacity for businesses needing both production and customer-facing space.
Where is this flex space located?
The property is located at 2632 Cathy Lane Jasper, IN.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: 12,600 SF warehouse/industrial building built in 1988 in Jasper; Includes 11,400 SF warehouse/industrial space plus a 521 SF showroom/retail area; Two 10' drive‑in overhead doors and a truck dock for loading and unloading
More about this property
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