Industrial Property for Sale in Franklin, IN

  • Price: $12M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Franklin, IN 46131
  • Size: 178,060 SF
  • Year built: 1994

Description

Located in Johnson County's industrial hub, 1450 Commerce Parkway in Franklin, Indiana offers a prime manufacturing and warehouse space. Spanning 178,060 square feet on 32.6 acres, this property supports diverse industrial needs with substantial warehouse and office areas, and room for expansion. Built in 1994, it features heavy power, various cranes, and multiple loading docks, ideal for businesses looking to enhance their operations. Building SF: 178060 | Land Size: 32.6 Ac | Year Built: 1994 | Listing Type: FOR SALE

Market Context

This industrial in Franklin, IN is listed for sale at $12,000,000 across 178,060 SF ($67/SF). The building dates to 1994. It has been on the market for 24 days. Compare it against other industrial listings for sale in Franklin, IN — <a href="/search/sale/industrial/indiana/franklin">view the full market</a>.

As of Q1 2026, the Nashville industrial market showed a 3.5% vacancy rate, average asking rents near $7.01/SF/yr, and cap rates around 6.2%. Source: Consensus Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Nashville?
About 6.2% as of Q1 2026, per Consensus.
Is the Nashville industrial market tightening or softening?
Vacancy is around 3.5% (Q1 2026).

Unified Estimate

Very Low Confidence

$55.71/SF – $75.37/SF

Mid: $65.54/SF

Total estimate for 178,060 SF: $11,670,052

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market richmond (similarity: 100%) with 3 comparable listings.

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