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Three-Building Warehouse Property
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708 N Eel River Cemetery Road, Peru, IN 46970

Three clear-span buildings offer flexible space with 24-hour tenant access and loading infrastructure.

Property Size46,816 SF
Price / SF$0.32
Days on Market9

Property Features for 708 N Eel River Cemetery Road

General Information

Standard status Active
Size 46,816 SF
Property subtype Vacant Land / Lots

Site & Location

Highway Access Yes
Utilities to Site No

Amenities

clear-span warehouse layout
concrete floor
overhead doors
dock-height loading positions
24-hour tenant access

Building Details

Buildings 3
Construction insulated
Listing Agency: Carriger Oldfather Realty, Inc
Listed By: Ethan Manning · License #38970
Source: Housesinfortwayne
Added: Sep 28 Last Checked: Oct 5 at 3:41PM

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 Carriger Oldfather Realty, Inc

Investment Insights

Based on property information with market context.

Three warehouse buildings provide approximately 46,816 SF in total and can be leased as a group or individually. Building #1 contains approximately 15,680 SF, Building #2 approximately 15,680 SF, and Building #3 approximately 15,456 SF. Each has an open clear-span interior, concrete flooring, insulated construction, approximately 13'9" of interior clearance, three overhead doors, and three dock-height loading positions. Access is available to tenants 24 hours a day on a modified-gross basis.

The property is near the U.S. 31 and U.S. 24 interchange. Water service and restroom facilities are not currently available. Buildings #1 and #2 lack heating and cooling; Building #3 has suspended gas unit heaters, though gas service is inactive. The landlord may consider inspection and reactivation of that system, subject to tenant needs and lease terms.

Key Highlights

  • Three buildings total approximately 46,816 SF; available together or separately
  • Each building has three overhead doors and three dock‑height loading positions
  • Approximately 13'9" of interior clearance in each building

Property Analytics

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Current Use

Rent A Trailer Car Rental Facility

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Auto Parts Store Garden Center Butcher

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
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

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?
Warehouse - Three clear-span buildings offer flexible space with 24-hour tenant access and loading infrastructure.
Where is this warehouse located?
The property is located at 708 N Eel River Cemetery Road Peru, IN.
What are key features of this property?
This property features: Three buildings total approximately 46,816 SF; available together or separately; Each building has three overhead doors and three dock‑height loading positions; Approximately 13'9" of interior clearance in each building
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