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    FOR SALE
    Office Spaces

    11323 Highway 60, Sellersburg, IN 47172

    15,936 SF 14.5 ac lot Built 1964
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US31-2609095
    Property summary
    AI-generated overview

    This exceptional 14.5-acre commercial property in Sellersburg, Indiana, presents a unique investment opportunity. Located at 11323 Highway 60, this M-1 zoned site boasts a substantial 16,000 square foot building currently occupied by a trucking company. The property offers significant development potential due to its size and strategic location, just four miles from I-65. A large pond enhances the property's appeal. The building itself comprises approximately 13,000 square feet of warehouse space and 3,074 square feet of office space. The warehouse features impressive ceiling heights ranging from 14.5 to 20 feet, three 3-ton cranes, and five large overhead doors (14.5 ft H x 13.5 ft W). The maintenance/shop area is equipped with 3-phase electric. The office area includes six individual offices, two conference rooms, a receptionist area, a waiting foyer, a break room, and two full bathrooms, plus a half bath. The property also benefits from ample parking and convenient access to railroad tracks. The building includes two furnaces and two air conditioning units, one of which is newer. Constructed in 1964, the property is offered at $1,700,000. The current owner is interested in a leaseback arrangement.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1964
    Construction WOOD
    Total area 15,936 SF
    Lot 14.5 ac (631,620 SF)
    APN 10-02-16-400-058.000-026
    UPID US31-2609095
    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
    $549k
    Blend (final) Blend
    $520k
    Owner & transaction history
    Four Corners Consulting LLC · 2 yrs held
    Four Corners Consulting LLC
    since 2024
    2 recorded transactions
    2024
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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