Warehouse with Office and
For Sale
$649,900
2632 Cathy Ln, 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$51.58
Days on Market141
Property Features for 2632 Cathy Ln
General Information
Standard status
Active
Size
12,600 SF
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 EMGE
Listed By:
Steve Lukemeyer · License #RB14036701
(812) 639-6340
Source:
Kmsrealestategroup
Added: Jun 17
Changed: Oct 25
Last Checked: Oct 7 at 4:04PM
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 EMGE
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$56,226
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,520
$1.1M
Cap Rate 7%
$803,229
$803.2K
Cap Rate 9%
$624,733
$624.7K
Market Conditions
NOI Build-Up for 12,600 SF
Gross rent
$86.2K $6.84/SF
− Vacancy
−$5.9K −$0.47/SF
EGI
$80.3K $6.37/SF
− OpEx
−$24.1K −$1.91/SF
NOI
$56.2K $4.46/SF
Area
Dubois County, IN
Vacancy
6.80%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,520
Cap Rate 7%
$803,229
Cap Rate 9%
$624,733
Alternative Uses
Best Use
Warehouse
$975.4K
$853.4K – $1.14M
NOI $68,275 @ 7.0% cap · market cap 10.51%
Second Best
Industrial
$803.2K
$702.8K – $937.1K
NOI $56,226 @ 7.0% cap · market cap 8.65%
Theoretical Best
Multifamily LT 5
$89.51M
$78.32M – $104.43M
NOI $6,265,940 @ 7.0% cap · market cap 964.14%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Turnkey business
Opportunity
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
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 Ln Jasper, IN.
What is the asking price?
The asking price for this property is $649,900.
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
