Industrial Manufacturing
3 Pequignot Dr Pierceton, IN 46562
For Sale
Contact for pricing
A single-unit industrial building built in 2001, totaling 21,806 SF, with modern amenities suited for manufacturing operations.
Property Size21,806 SF
Price / SF$65.12
Days on Market113
Property Features for 3 Pequignot Dr
General Information
Standard status
Active
Size
21,806 SF
Property subtype
INDUSTRIAL
Properties For Sale
at 3 Pequignot Dr Contact us
Listing Agency:
Xplor Commercial Real Estate
(260) 452-7525
Listed By:
James Jamicich · License ##RB23000015
(260) 452-7525
Source:
Moodyscre
Added: Apr 8
Changed: Jul 22
Last Checked: Jul 22 at 8:36AM
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 is a single-unit industrial/manufacturing building constructed in 2001, offering a total of 21,806 square feet of space. The property is described as meticulously maintained, with sturdy construction and modern amenities intended to support industrial activity.
Located at 3 Pequignot Dr in Pierceton, Indiana, the building’s positioning in the Pierceton area is presented as providing easy access to key transportation routes, supporting efficient logistics and distribution.
The asset is offered as a for-sale opportunity with one unit in place, making it a straightforward industrial option for buyers seeking a consolidated facility footprint designed around manufacturing and related uses.
Located at 3 Pequignot Dr in Pierceton, Indiana, the building’s positioning in the Pierceton area is presented as providing easy access to key transportation routes, supporting efficient logistics and distribution.
The asset is offered as a for-sale opportunity with one unit in place, making it a straightforward industrial option for buyers seeking a consolidated facility footprint designed around manufacturing and related uses.
Key Highlights
- 21,806 SF single‑unit industrial building constructed in 2001
- Designed for industrial and manufacturing operations, with modern amenities
- Single‑unit property offers versatile space for a range of business needs
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 authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - A single-unit industrial building built in 2001, totaling 21,806 SF, with modern amenities suited for manufacturing operations.
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 single‑unit industrial building constructed in 2001; Designed for industrial and manufacturing operations, with modern amenities; Single‑unit property offers versatile space for a range of business needs