2724 Co Rd Butler, IN 46721
This exceptional 30,000-square-foot industrial property, located at 2724 Co Rd 75 in Butler, Indiana (46721), presents a significant investment opportunity. The single-story, 1985-built warehouse sits on a 6.403-acre lot and is zoned I2, offering versatility for various industrial uses including distribution and manufacturing. Features include 14'-16' ceiling heights, three loading docks, and two dock-high doors, ensuring efficient material handling. The building boasts modern upgrades such as LED lighting throughout and air-conditioned office space. The roof was completely replaced in 2021 and carries a 20-year warranty, providing peace of mind for years to come. An adjacent building may be available for expansion, offering potential for significant growth. This vacant property is offered for sale at $1,320,000 and is an owner-user opportunity. The property's prime location in DeKalb County, Indiana, provides easy access to major transportation routes. This is a rare chance to acquire a well-maintained, functional industrial space with significant upside potential. The property's APN is 12-08-06-400-012.000-022. This is a triple net (NNN) lease opportunity.
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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Risks
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