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    11200 Industrial Park Dr Elberfeld, IN 47613

    For Lease
    $8 SF/Yr

    100,000 SF Manufacturing/Warehouse Space

    Lot size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A industrial property, located at 11200 Industrial Park Dr, Elberfeld, IN 47613, offers 100,000 square feet of versatile space ideal for manufacturing, warehousing, or distribution. Situated on 14.49 acres within the North Warrick Industrial Park, less than a mile from Evansville, this single-tenant building boasts a 32-foot ceiling height, 12 loading docks, 2 drive-ins, and 31 total parking spaces. Built in 2022, the structure is a blank canvas, ready for tenant build-out to meet specific operational needs. The property is zoned M-2, Industrial, and its APN is 87-04-18-103-006.000-007. This prime location in Warrick County provides easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics. The building is currently available for lease or sale, and expansion to 287,500 square feet is possible. This is a rare opportunity to secure a brand-new, customizable industrial facility in a thriving submarket.

    Property Features for 11200 Industrial Park Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF
    Class
    A
    Total Rate
    74583.33

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 11200
    Size
    250,000 SF
    Rate per SF
    $8

    HighLights

    • 100,000 SF building, expandable to over 287,500 SF.
    • Fully customizable building design.
    • 14.49‑acre site, expandable to 30 acres.
    • Excellent I‑69 and I‑64 access.
    • Concrete tilt‑wall construction.
    • Fiber‑optic ready.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Elberfeld
    County
    Warrick
    State
    Indiana
    Longitude
    -87.46260235
    Latitude
    38.17895099

    Nearby Comparable

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      Evansville Industrial Space For Lease/Sale

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    Nearby Similar for Lease

    • $14 SF/Yr
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      Elberfeld Medical/Dental Opportunity

      Versatile medical/office space in Elberfeld, Indiana, ready for lease.
      110 W Sycamore St, Elberfeld, IN 47613
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    • $7 SF/Yr
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      Evansville Industrial Space For Lease/Sale

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      11734 Industrial Park Dr, Elberfeld, IN 47613
      View Details

    FAQs

    What type of property is this?
    Distribution property - 100,000 SF Manufacturing/Warehouse Space
    Where is this distribution property located?
    The property is located at 11200 Industrial Park Dr Elberfeld, IN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 100,000 SF building, expandable to over 287,500 SF.; Fully customizable building design.; 14.49-acre site, expandable to 30 acres.
    Request Owner's contact information
    11200 Industrial Park Dr Elberfeld, IN 47613
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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
    11200 Industrial Park Dr Elberfeld, IN 47613
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