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Property profile & analytics
OFF-MARKET Estimated value $1,295,000
Warehouses

5844 Vann Rd Newburgh, IN 47630-8471

15,700 SF 3.35 ac lot Built 1994
Entity Owned Free & Clear
Property ID
US31-1659764
Property summary
AI-generated overview

This exceptional 3.35-acre commercial property at 5844 Vann Road, Newburgh, Indiana, presents a compelling investment opportunity. Priced at $990,000, the building boasts 12 offices, two conference rooms, and five bathrooms, providing ample space for a variety of business needs. Two newer HVAC systems, installed in 2023, ensure year-round climate control. A unique feature is the drive-through bay, equipped with an overhead crane and a tube heater, ideal for specialized operations. The property also includes substantial storage space throughout the building. Power options are extensive, featuring 3-phase power, along with 240V and 480V hookups, catering to diverse operational requirements. Currently, two bays are vacant, presenting immediate opportunities for lease income or expansion. This versatile property is ready for a new owner to capitalize on its significant potential. The location in Newburgh, Indiana offers excellent access to transportation routes and a thriving local economy. This is a rare chance to acquire a well-maintained, fully functional commercial building with significant upside. Don't miss this chance to own a piece of Newburgh's commercial landscape.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1994
Construction WOOD
Total area 15,700 SF
Lot 3.35 ac (145,926 SF)
APN 87-13-19-108-001.000-019
UPID US31-1659764
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
Current use
Occupant on record · Public records
  • Stellar Technologies Inc. Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.30M
Owner & transaction history
2717 Holdings LLC
2717 Holdings LLC
since 2025
5 recorded transactions
2025
Price N/A
2025
$1.3M
2022
Price N/A
2022
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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