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Property profile & analytics
OFF-MARKET Estimated value $365,000
Industrial properties

506 Lafayette Ave Crawfordsville, IN 47933-1336

19,439 SF 1.23 ac lot Built 1974
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-1986677
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1974
Construction WOOD
Total area 19,439 SF
Lot 1.23 ac (53,579 SF)
APN 54-07-31-441-028.000-030
UPID US31-1986677
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
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k
Owner & transaction history
Empty Sack LLC · 1 yrs held
Empty Sack LLC
since 2025
2 recorded transactions
2025
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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