5Th St Rushville, IN 46173
This expansive industrial property, located at 700-740-760 W 5th Street in Rushville, Indiana, presents a significant opportunity for a variety of businesses. Boasting over 32,261 square feet of space on a 2.42-acre lot, this site is ideal for warehouse or manufacturing operations. The building features nine loading docks, several equipped with overhead automatic doors, ensuring efficient loading and unloading. Three-phase electric service is already in place and fully up-to-date, eliminating the need for costly upgrades. Recent improvements include new windows installed on the east side of the building three years ago, a five-year-old metal roof, and exterior brickwork painted three years ago. Inside, a 5,000 lb. elevator and pallet racks on the main floor enhance operational efficiency. A convenient office area is located near the entrance. The property also includes a two-bedroom apartment with a bathroom and kitchen, although it requires repairs. A significant advantage is the proximity to privately owned rail access, providing convenient and cost-effective transportation options. This property is priced at $1,100,000 and offers a compelling combination of size, features, and 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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.