Industrial Manufacturing
3 Pequignot Dr Pierceton, IN 46562
3 Pequignot Dr, Pierceton, IN, 46562
$1,420,000
For Sale
$1,420,000
A 2001-built industrial manufacturing facility with 1 unit in a single 21,806 SF building.
Property Size21,806 SF
Price / SF$65.12
Days on Market105
Property Features for 3 Pequignot Dr
General Information
- Standard status
- Active
- Size
- 21,806 SF
- Property subtype
- Industrial - Manufacturing
Building Details
- Year Built
- 2001
Listing agency
Xplor Commercial Real Estate
(260) 487-3699
Listed by
James Jamicich · License ##RB23000015
Source
Commercialcafe
Added: Apr 9 Updated: Jul 22 at 2:31AM Checked: Jul 22 at 2:31AM
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 Xplor Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale industrial manufacturing building was constructed in 2001 and totals 21,806 SF across a single structure with 1 unit. The property is described as meticulously maintained and is positioned to support industrial and manufacturing operations.
The offering is located at 3 Pequignot Dr in Pierceton, Indiana, with access to major transportation routes highlighted in the remarks. The surrounding area includes the Pierceton Industrial Park, described as a hub for industrial and manufacturing enterprises.
As presented, the building offers a straightforward, one-tenant configuration within a modern-era industrial facility designed for continued use in the industrial/manufacturing space.
The offering is located at 3 Pequignot Dr in Pierceton, Indiana, with access to major transportation routes highlighted in the remarks. The surrounding area includes the Pierceton Industrial Park, described as a hub for industrial and manufacturing enterprises.
As presented, the building offers a straightforward, one-tenant configuration within a modern-era industrial facility designed for continued use in the industrial/manufacturing space.
Key Highlights
- 21,806 SF industrial/manufacturing building built in 2001
- Single‑building setup with 1 unit
- Address: 3 Pequignot Dr, Pierceton, IN 46562
Local 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 | $143.9k | $6.60 |
| − Vacancy | −$7.2k | −$0.33 |
| EGI | $136.7k | $6.27 |
| − OpEx | −$41.0k | −$1.88 |
| NOI | $95.7k | $4.39 |
21,806 SF · lease $6.60/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.37M
$1.20M – $1.60M
NOI $95,707 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.80M
$3.32M – $4.43M
NOI $265,926 @ 7.0% cap · market cap 18.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
FAQs
What type of property is this?
Manufacturing property - A 2001-built industrial manufacturing facility with 1 unit in a single 21,806 SF building.
Where is this manufacturing property located?
The property is located at 3 Pequignot Dr Pierceton, IN.
What is the asking price?
The asking price for this property is $1,420,000.
What are key features of this property?
This property features: 21,806 SF industrial/manufacturing building built in 2001; Single‑building setup with 1 unit; Address: 3 Pequignot Dr, Pierceton, IN 46562
