I-74 Crawfordsville Land
Commercial Zoning | For Sale | Ground-Lease | BTS
Marketing description
The I-74 Crawfordsville Land offering presents an opportunity to acquire ±4.45 acres of commercially zoned (B-3 Business District) land positioned directly off Interstate 74 in Crawfordsville. The site offers exceptional visibility and accessibility at the signalized intersection of Industrial Boulevard and Lafayette Road (US-231), just off the Interstate 74 exit.
Zoned for a wide variety of commercial uses—including quick-service restaurants, gas stations, hotels, medical, retail, and service-oriented businesses—the property is ideally suited for development, build-to-suit, or ground lease opportunities.
The property is strategically surrounded by seven hotels totaling 469 rooms, national retailers including McDonald's, and a new Starbucks under construction. Additionally, Kroger recently broke ground on a new $38 million, 123,000-square-foot Marketplace prototype with fuel center along Lafayette Road, further solidifying the corridor as a primary retail node for the region.
Crawfordsville continues to experience steady population and income growth, supported by major employer investments including a $115 million expansion by Nucor and a $138 million manufacturing facility by Tempur Sealy International. The city has also committed approximately $7–8 million toward infrastructure, roadway, utility, and redevelopment improvements, reinforcing long-term growth fundamentals.
Located less than one hour from Indianapolis and within commuting distance to fast-growing suburbs such as Whitestown and Lebanon, the property benefits from both local demand and regional traffic patterns.
Investment highlights
4.45 acres zoned Business District (B-3), which allows for a wide variety of commercial uses
Surrounded by 7 hotels offering 469 rooms
Crawfordsville is +/-50 minutes northeast of Indianapolis and short commuting distance to fast-growing northeast suburbs (Lebanon & Whitestown)
Strong manufacturing submarket and employer base-Nucor Steel investing $115M in facility expansion to be completed in 2027 creating up to 200 additional jobs, Tempur Sealy International invested $138M in 2023 to open a 700K SF manufacturing facility creating up to 300 jobs
Kroger recently broke ground on a brand-new $38M Kroger Marketplace that will be their 123K SF proto-type store with fueling center, Starbucks, Murray’s Cheese Shop and fresh, store-made sushi
2024-2025 the City of Crawfordsville invested +/-7M in infrastructure, roadway & utility and stormwater & sewer improvements
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?

