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Highway Frontage Commercial Building For Sale

5424 E Us Highway 20 Rolling Prairie, IN 46371

Claim this Listing
For Sale
$285,000

Versatile commercial building on US Highway 20 in Rolling Prairie.

Property size:
2,244 SF
Price / SF:
$127.01/SF
Added:
Jul 23, 2025
Days on Market:
356
Last Refresh:
May 19 at 1:26 pm

Property Features for 5424 E Us Highway 20

General Information

Standard status
Active
Size
2,244 SF

Listing office BHHS Executive Realty

Listing date Jul 23, 2025

Source Exprealty

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 BHHS Executive Realty


Investment Insights

Based on property information with market context.

Located on US Highway 20 in Rolling Prairie, Indiana, this 2,244 square foot commercial building offers high visibility with an estimated traffic count of approximately 21,500 vehicles daily. The property was formerly operated as the New Prairie Small Animal Clinic. The layout includes multiple office/exam rooms suitable for professional or healthcare uses, along with a spacious area ideal for a conference room, training space, or collaborative workspace. The property features a commercial-grade generator capable of powering the entire building during outages, along with two 200-amp electrical services. Ample parking is available. The property is located in close proximity to the new General Motors/Samsung EV Battery Plant and the Amazon Data Center Campus. This location is suited for a professional practice, adaptable office space, or investment property.

Key Highlights

  • High‑visibility location on US Highway 20 with approximately 21,500 vehicles daily.
  • Proximity to the new General Motors/Samsung EV Battery Plant and Amazon Data Center Campus.
  • Versatile 2,244 sq ft building with a flexible layout.

Local Financial Insights For Office B

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 $33.7k $15.00
− Vacancy −$3.1k −$1.38
EGI $30.6k $13.62
− OpEx −$7.6k −$3.41
NOI $22.9k $10.22
2,244 SF · lease $15.00/SF/yr · vacancy 9.20% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$387.6K
$339.2K – $452.2K (±1% cap)
NOI $27,134 @ 7.0% cap · market cap 9.52%
Second Best
Office B
$327.5K
$286.5K – $382.0K (±1% cap)
NOI $22,922 @ 7.0% cap · market cap 8.04%
Theoretical Best
Specialty Retail
$623.8K
$545.9K – $727.8K (±1% cap)
NOI $43,669 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Storage Facility Grocery & Convenience Store Florist Real Estate Agency Tech Support Center Restaurant Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • New Prairie Small Animal Clinic — 5424 US-20, Rolling Prairie, IN 46371
  • Oak Knoll Veterinary Clinic — 5498 E Oak Knoll Rd, Rolling Prairie, IN 46371

FAQs

What type of property is this?
Medical Office Space - Versatile commercial building on US Highway 20 in Rolling Prairie.
Where is this medical office space located?
The property is located at 5424 E Us Highway 20 Rolling Prairie, IN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: High‑visibility location on US Highway 20 with approximately 21,500 vehicles daily.; Proximity to the new General Motors/Samsung EV Battery Plant and Amazon Data Center Campus.; Versatile 2,244 sq ft building with a flexible layout.
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