11323 Highway 60, Sellersburg, IN 47172
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.