506 Lafayette Ave, Crawfordsville, IN 47933-1336
This exceptional commercial property in Crawfordsville, Indiana, presents a significant investment opportunity. Encompassing 25,503 square feet of versatile flex and warehouse space, this offering includes two buildings situated on a 3.11-acre lot. Building 1 boasts 19,439 square feet, featuring a two-story section with multiple offices, conference rooms, and open space, complemented by a single-story area with a training room, break room, and additional open space. A substantial 3,168 square foot warehouse/light manufacturing space is also included. Building 2 offers an additional 6,064 square feet, comprising 2,358 square feet of warehousing and 3,706 square feet of multi-use space, currently utilized for storage. Both buildings benefit from a 13-foot ceiling height. The property features paved parking lots and separate entries off Lafayette Avenue, enhancing accessibility and functionality. The property is zoned I1&R3 and was built in 1974. The address is 506 Lafayette Ave, Crawfordsville, IN 47933, with APN 540731441028000030. This property is ideal for a variety of industrial and commercial uses, offering ample space and convenient access. All parcels are connected, providing a cohesive and efficient layout. Detailed building layouts and aerial views are available upon request.
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.