0 Sgm Gene Shaw Technology Dr Crane, IN 47522
This exceptional 4-acre commercial and industrial land parcel presents a unique investment opportunity in Crane, Indiana. Strategically located just one mile from the Crane Naval Surface Warfare Center, the world's third-largest naval base, and 1.5 miles from Interstate 69, this property offers unparalleled access to a robust and growing market. The site is part of WestGate @ Crane, a thriving business park already home to six fully leased buildings occupied primarily by research and development organizations collaborating closely with the naval base. This prime location benefits from the presence of Purdue University, which provides advanced educational, technological research, and commercialization resources. The land is ideal for build-to-suit development, catering to a variety of needs, from office and flex space to warehouse, distribution, logistics, or storage facilities. High ceilings, potentially reaching 28 feet, offer significant design flexibility. The area is experiencing significant growth, with numerous new tenants and developments underway. This property's proximity to major transportation arteries, including its convenient location 90 minutes south of Indianapolis, 75 minutes north of Evansville, and 30 minutes south of Bloomington, Indiana, further enhances its appeal. A 40,000 square foot speculative building is also planned for the area, adding to the future potential of this exceptional location.
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
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No recorded transactions found for this property.
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Risks
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