Building Details

Buildings 3

Listing Agency: Baker commercial real estate

Listed By: Jim Baker, SIOR, CCIM · License #IN RB14028328

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 2:57PM

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Investment Insights

Based on property information with market context.

This operating salvage yard includes a 938-square-foot modular office, a 2,400-square-foot metal pole barn, and a 5,108-square-foot garage. The site also includes a loader, forklift, car lift, freon machine, tire remover, and antifreeze remover. The business has remained in the same family since 1988 and carries a gold salvage-yard rating from the State of Indiana.

At 278 W County Line Rd in Underwood, the property sits adjacent to the east side of I-65 at W County Line Road. The combination of yard operations and multiple functional buildings provides an established industrial property configuration.

Key Highlights

• Indiana‑rated gold salvage yard
• 938‑square‑foot modular office
• 2,400‑square‑foot metal pole barn

Property Analytics

Property Profile

Current Use

Underwood Auto Parts Big Box & Wholesale Store

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Repair Shop Food Market Farmer's Market

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

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Explore this area Business Placement

Demographics for 47177, IN

1,462

Population

701

Households

2.1

Avg Household Size

43

Median Age

27%

College-Educated

89%

High-School Grad

23.9 sq mi

ZIP Area

61

Density / Sq Mi

$75,993

Median Household Income

$58,819

Median Earnings

$950

Median Rent

$177,500

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - Operating salvage yard with office, pole barn, and garage improvements.

Where is this industrial property located?

The property is located at 278 W County Line Rd Underwood, IN.

What are key features of this property?

This property features: Indiana‑rated gold salvage yard; 938‑square‑foot modular office; 2,400‑square‑foot metal pole barn