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    1877 Us-231 Crawfordsville, IN 47933

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Walmart-Anchored Center

    Lot size:
    20,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located within the Crawfordsville Marketplace, a thriving 20,460 square foot shopping center in Crawfordsville, Indiana. The property boasts a highly desirable location at the signalized entrance to a Walmart Supercenter on US-231, benefiting from significant traffic flow and high visibility. With 1,600 square feet currently vacant, this space presents an ideal opportunity for businesses seeking exposure to a strong regional trade area. The center is anchored by a Walmart Supercenter, the only one within a 20-mile radius, ensuring a consistent flow of customers. This strategic location is complemented by the proximity of other major retailers, including Home Depot, Kroger, Dollar Tree, and Ace Hardware, creating a synergistic retail environment. The available space ranges from 1,600 to 2,160 square feet, offering flexibility for various business needs. Crawfordsville, the county seat of Montgomery County and home to Wabash College, provides a stable and growing market for retail businesses. This property offers a unique chance to establish a presence in a well-established and highly trafficked shopping center. The property type is retail, with subtypes including strip center, medical, and office, offering versatility for potential tenants. The multiple tenancy structure ensures a diverse and vibrant shopping environment. Don't miss this chance to secure a prime retail location in a thriving community.

    Property Features for 1877 Us-231

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,460 SF

    Unit(s) available at that property

    Space
    Suite 1877
    Size
    1,600 SF
    Space
    Suite 1887
    Size
    2,160 SF

    HighLights

    • 2,160 SF former GameStop space available for lease.
    • 1,600 SF smoke shop space available for lease.
    • 20,460 SF shopping center anchored by Walmart Supercenter available for lease.
    • Signalized entrance to Walmart on US 231.
    • Only Walmart within a 20+ mile radius.
    • Strong retail co‑tenancy including Kroger, Home Depot, Dollar Tree, Ace Hardware, and Burke's Outlet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Crawfordsville
    County
    Montgomery
    State
    Indiana
    Longitude
    -86.9048629
    Latitude
    40.0109224

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    Nearby Similar for Lease

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      Retail Space Near Walmart

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      Remodeled Office Space in Crawfordsville

      Recently remodeled office space perfect for business applications.
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      Crawfordsville Shopping Center Retail Space

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      Retail Space Near State Road

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, Walmart-Anchored Center
    Where is this neighborhood center located?
    The property is located at 1877 Us-231 Crawfordsville, IN.
    What are key features of this property?
    This property features: 2,160 SF former GameStop space available for lease.; 1,600 SF smoke shop space available for lease.; 20,460 SF shopping center anchored by Walmart Supercenter available for lease.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1877 Us-231 Crawfordsville, IN 47933
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