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29996510
29996511

Industrial Blvd & Lafayette Road, Crawfordsville, IN 47933 For Sale

Marcus & Millichap - Indianapolis
JK
IN RB14043752
Marcus & Millichap - Indianapolis
Listed by Marcus & Millichap - Indianapolis
Unpriced
140 days on market
Updated 0 days ago

I-74 Crawfordsville Land

Details
Property Type Land, Retail
Sub Type Convenience Store, Gas Station (+1)
Acreage 4.450
Investment Type Redevelopment

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

Marcus & Millichap - Indianapolis
JK
IN RB14043752
Marcus & Millichap - Indianapolis
Listed by Marcus & Millichap - Indianapolis

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Additional Information

Name
Richard Niewiadomski
License
RB21000331
Brokerage
Marcus & Millichap
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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