4035 State Road 32Crawfordsville, IN 47933

Property Details for 4035 State Road 32

Year built

1955

Construction

WOOD FRAME

Lot size

1.64 AC

Property size (Sq ft)

5,210 SF

Property type

Commercial land

APN

54-07-36-300-015.000-024

APU

540736300015000024

Description

This exceptional 1.64-acre commercial property boasts a prime corner location on State Road 32, just west of the I-74 interchange in Crawfordsville, Indiana. Currently generating income from eighteen 8x20-foot storage containers (eleven 8x40 containers, nine divided in half), this versatile site offers immediate revenue potential. Two containers are full-length 8x40 units, while the remaining nine have been modified to create eighteen smaller units, each equipped with roll-up doors at the front and double opening doors at the rear. The containers are easily removable, allowing for the construction of a building tailored to your specific needs. The property is zoned commercial, providing flexibility for a variety of uses. A significant advantage is the existing annual billboard income of $1,600. Please note a seller-imposed deed restriction prohibits auto or truck repair services. This high-traffic location presents a unique opportunity for entrepreneurs seeking a visible and profitable commercial venture. The property's strategic placement near the I-74 interchange ensures excellent accessibility and exposure to a large customer base. The existing income stream from the storage containers provides a solid foundation for immediate return on investment, while the flexibility of the site allows for future expansion and development.

• Alternative Use

  Use

  Valuation

  Residential

  $1,916,482

  Hospitality

  $1,755,487

  Educational

  $1,460,544

  Medical

  $1,510,775

  Retail

  $2,271,958

Location Insight

City

Crawfordsville

County

Montgomery

State

Indiana

Latitude

40.0465

Longitude

-86.8281

CBSA code

18820

CBSA name

CRAWFORDSVILLE, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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