Industrial Warehouse on 1.06
For Sale
Contact for pricing
619 S Kyle St, Edinburgh, IN 46124
25,000 sq ft warehouse ideal for contractors or redevelopment.
Property Size25,000 SF
Lot Size1.06 Acres
Price / SF$119.60
Days on Market146
Property Features for 619 S Kyle St
General Information
Standard status
Active
Size
25,000 SF
Class
C
Lot size
1.06 Acres
Property subtype
Industrial
Zoning
Industrial
Investment Type
Owner/User
Building Details
Year Built
1979
Buildings
1
Units
1
Listing Agency:
EXP REALTY - IN HOMES TODAY
Listed By:
Ashton Wischmeier · License #RB25000099
(812) 447-4433
Source:
Crexi
Added: May 21
Changed: Oct 9
Last Checked: Oct 12 at 5:26PM
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 EXP REALTY - IN HOMES TODAY
Investment Insights
Based on property information with market context.
This 25,000 sq ft industrial warehouse is situated on 1.06 acres in Edinburgh. The property features a large multi-span interior, multiple garage and loading dock accesses, ample parking and laydown space, multiple interior offices, and restrooms. Its location provides strong regional access, just off US31 and minutes from I65. The property is suitable for contractors, storage, fabrication, or redevelopment.
Key Highlights
- 25,000 sq ft industrial warehouse on 1.06 acres.
- Located just off US31 and minutes from I65.
- Multiple garage and loading dock accesses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,705
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,714,100
$2.7M
Cap Rate 7%
$1,938,643
$1.9M
Cap Rate 9%
$1,507,833
$1.5M
Market Conditions
NOI Build-Up for 25,000 SF
Gross rent
$175.3K $7.01/SF
− Vacancy
−$15.6K −$0.62/SF
EGI
$159.7K $6.39/SF
− OpEx
−$23.9K −$0.96/SF
NOI
$135.7K $5.43/SF
Area
Johnson County, IN
Vacancy
8.90%
Lease Rate
$7.01 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,714,100
Cap Rate 7%
$1,938,643
Cap Rate 9%
$1,507,833
Alternative Uses
Best Use
Warehouse
$1.94M
$1.70M – $2.26M
NOI $135,705 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$1.60M
$1.40M – $1.86M
NOI $111,757 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M
NOI $441,000 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46124, IN
7,891
Population
3,118
Households
2.5
Avg Household Size
41
Median Age
15%
College-Educated
89%
High-School Grad
73.6 sq mi
ZIP Area
107
Density / Sq Mi
$67,926
Median Household Income
$35,974
Median Earnings
$798
Median Rent
$184,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Storage Express — 305 W County Line Rd, Edinburgh, IN 46124
- Jason's core — 612 E Thompson St, Edinburgh, IN 46124
Frequently Asked Questions
What type of property is this?
Warehouse - 25,000 sq ft warehouse ideal for contractors or redevelopment.
Where is this warehouse located?
The property is located at 619 S Kyle St Edinburgh, IN.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 25,000 sq ft industrial warehouse on 1.06 acres.; Located just off US31 and minutes from I65.; Multiple garage and loading dock accesses.
