121 Crossroads Dr Whiteland, IN 46184
Exceptional investment opportunity in Whiteland, Indiana, featuring two industrial buildings totaling approximately 7,420 square feet on a 0.91-acre lot. The property boasts 14-foot ceilings, two drive-in doors per building, and ample parking. The front building offers 3,920 square feet, including 720 square feet of office space, while the rear building comprises 3,500 square feet. Both buildings are situated on a single lot zoned for industrial use, allowing for a variety of manufacturing and warehousing operations. Currently 100% occupied until February 28, 2025, this Class B property offers a strong return on investment. Its strategic location in Whiteland, less than 20 miles south of Indianapolis, provides easy access to major transportation routes, including I-65 and State Road 31, ensuring seamless connectivity for logistical operations. The property's proximity to Indianapolis and its amenities makes it an attractive location for businesses and employees alike. This is an ideal owner-user opportunity or a strong addition to an existing portfolio. The asking price is $1,005,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.