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    111 Industrial Dr Cromwell, IN 46732

    For Lease
    $4 SF/Yr ($11,445 /Mo)

    33,500 SF Manufacturing/Warehouse

    Lot size:
    33,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 33,500-square-foot industrial property, located at 111 Industrial Drive in Cromwell, Indiana, presents a unique investment opportunity. Built in 1991, this single-story building sits on a spacious lot within the Cromwell Industrial Park, offering convenient access to State Road 5. The property features a flexible layout suitable for manufacturing or warehousing operations, boasting a 20-foot ceiling height for ample storage and operational space. Loading and unloading are facilitated by two dock-high doors and one drive-in door. The building is entirely vacant, providing immediate occupancy for a new tenant. A distinctive feature is the inclusion of a retro diner-themed kitchenette/break area, adding a unique touch to the workspace. Ample parking is available on-site. The property is zoned for industrial use and is identified by APN 57-16-16-400-150.000-016 in Noble County, Indiana, zip code 46732. This turnkey facility offers immediate occupancy and is ready for your business to thrive. The property's location and features make it an ideal choice for a variety of industrial uses. Contact us today to schedule a showing and explore the possibilities.

    Property Features for 111 Industrial Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,500 SF
    Total Rate
    11445.83

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    33,500 SF
    Rate per SF
    $4

    HighLights

    • 33,500 SF industrial building in Cromwell, IN.
    • Located at 111 Industrial Drive in Cromwell Industrial Park, with easy access to State Road 5.
    • Single‑story building with 20' ceilings, ideal for manufacturing or warehousing.
    • Features two dock‑high doors and one drive‑in door.
    • Currently vacant, offering immediate occupancy.
    • Includes a kitchenette/break area and ample on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hair Salon Auto Parts Store Food Market Bar & Pub Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cromwell
    County
    Noble
    State
    Indiana
    Longitude
    -85.608040503962
    Latitude
    41.406762389939

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    FAQs

    What type of property is this?
    Flex space - 33,500 SF Manufacturing/Warehouse
    Where is this flex space located?
    The property is located at 111 Industrial Dr Cromwell, IN.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 33,500 SF industrial building in Cromwell, IN.; Located at 111 Industrial Drive in Cromwell Industrial Park, with easy access to State Road 5.; Single-story building with 20' ceilings, ideal for manufacturing or warehousing.
    Request Owner's contact information
    111 Industrial Dr Cromwell, IN 46732
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    111 Industrial Dr Cromwell, IN 46732
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