300 Indiana Ave Alexandria, IN 46001
This exceptional 15.68-acre industrial land parcel presents a unique investment opportunity in Alexandria, Indiana. Located at 300 Indiana Ave, 46001, the property is zoned I-1, offering significant flexibility for various industrial uses. A key advantage is its strategic location on a Norfolk Southern Rail spur, providing convenient and cost-effective transportation options. The site currently features distressed structures requiring demolition, presenting a clean slate for development. Buyers should factor demolition costs into their acquisition strategy. The property's substantial acreage allows for ample space for building expansion or the construction of multiple structures. Given its size, zoning, and rail access, this property is well-suited for a range of industrial projects, from warehousing and distribution to manufacturing and light industrial operations. Its location in Madison County, Indiana, offers access to a skilled workforce and established infrastructure. The asking price is $195,000. Detailed site surveys and environmental assessments are recommended prior to purchase. This is a prime opportunity to acquire a large, well-located industrial site with significant development potential. Serious inquiries only.
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.
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.