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    FOR SALE
    Warehouses

    11200 Industrial Park Dr, Elberfeld, IN 47613

    8.81 ac lot Built 2021
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US31-3420250
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, located at 11200 Industrial Park Dr, Elberfeld, IN 47613, offers 100,000 square feet of versatile space ideal for manufacturing, warehousing, or distribution. Situated on 14.49 acres within the North Warrick Industrial Park, less than a mile from Evansville, this single-tenant building boasts a 32-foot ceiling height, 12 loading docks, 2 drive-ins, and 31 total parking spaces. Built in 2022, the structure is a blank canvas, ready for tenant build-out to meet specific operational needs. The property is zoned M-2, Industrial, and its APN is 87-04-18-103-006.000-007. This prime location in Warrick County provides easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics. The building is currently available for lease or sale, and expansion to 287,500 square feet is possible. This is a rare opportunity to secure a brand-new, customizable industrial facility in a thriving submarket.

    Property profile
    Verified
    Property type Warehouses
    Use group STORAGE YARD, OPEN STORAGE
    Year built 2021
    Construction TYPE NOT SPECIFIED
    Lot 8.81 ac (383,764 SF)
    APN 87-04-07-301-006.000-007
    UPID US31-3420250
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hoocat Holdings LLC · 5 yrs held
    Hoocat Holdings LLC
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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