Industrial Distribution
927 North Emerson Avenue Greenwood, IN 46143
927 North Emerson Avenue, Greenwood, IN, 46143
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For Sale
Contact for pricing
Large-format industrial facility on 17.95 acres, suited for warehousing and distribution operations.
Property Size125,000 SF
Lot Size17.95 Acres
Price / SF$78.83
Days on Market51
Property Features for 927 North Emerson Avenue
General Information
- Standard status
- Active
- Size
- 125,000 SF
- Lot size
- 17.95 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2016
Listing agency
Matthews
Listed by
Alexander Harrold · License #CA 02009656
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 9:52AM
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 Matthews
Investment Insights
Based on property information with market context.
This offering is a distribution-center style industrial property with 125,000 square feet of space and sits on 17.95 acres. The listing is presented for sale and is associated with Goodwill Industries. The combination of a substantial building footprint and expansive site area supports a range of warehouse and distribution-focused uses.
The property is located at 927 North Emerson Avenue in Greenwood, Indiana. It is offered in a single asset configuration suitable for buyers evaluating an industrial footprint with both building area and outdoor acreage.
For operators and investors looking for industrial space, this property may fit teams that need warehousing capacity within a distribution-oriented envelope and benefit from a larger site for day-to-day logistics. Buyers should confirm the property’s intended use, operating requirements, and any tenant or occupancy considerations directly with the seller during diligence.
The property is located at 927 North Emerson Avenue in Greenwood, Indiana. It is offered in a single asset configuration suitable for buyers evaluating an industrial footprint with both building area and outdoor acreage.
For operators and investors looking for industrial space, this property may fit teams that need warehousing capacity within a distribution-oriented envelope and benefit from a larger site for day-to-day logistics. Buyers should confirm the property’s intended use, operating requirements, and any tenant or occupancy considerations directly with the seller during diligence.
Key Highlights
- Built in 2016
- 125,000 sq. ft. large‑format industrial facility
- 17.95 acres total land area
Local Financial Insights For Warehouse
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 | $876.3k | $7.01 |
| − Vacancy | −$78.0k | −$0.62 |
| EGI | $798.3k | $6.39 |
| − OpEx | −$119.7k | −$0.96 |
| NOI | $678.5k | $5.43 |
125,000 SF · lease $7.01/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$9.69M
$8.48M – $11.31M
NOI $678,524 @ 7.0% cap · market cap 6.89%
Second Best
Industrial
$7.98M
$6.98M – $9.31M
NOI $558,785 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$31.50M
$27.56M – $36.75M
NOI $2,205,000 @ 7.0% cap · market cap 22.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Goodwill Outlet Store
Discount Store
Similar For Sale Nearby
Similar Off Market Nearby
- RISE Commercial District - RISE Pro — 1240 Airport Pkwy, Greenwood, IN 46143
- RISE Commercial District — 545 Christy Dr, Greenwood, IN 46143
- Storage Rentals of America — 444 N Emerson Ave, Greenwood, IN 46143
- Greenwood Self Storage — 197 N Emerson Ave, Greenwood, IN 46143
- Red Cheetah Moving — 545 christy dr #17, greenwood, in 46143
FAQs
What type of property is this?
Warehouse - Large-format industrial facility on 17.95 acres, suited for warehousing and distribution operations.
Where is this warehouse located?
The property is located at 927 North Emerson Avenue Greenwood, IN.
What is the asking price?
The asking price for this property is $9,854,000.
What are key features of this property?
This property features: Built in 2016; 125,000 sq. ft. large‑format industrial facility; 17.95 acres total land area
