No Budget: The film was made for only $150,000 dollars and heavily relied on as many favors and freebies as David Giancola could acquire. For example, J.K.'s office was actually a radio station (not a library despite the MST3K version joking about it) that allowed them use of the studio for free so long as they left everything exactly as they found it.
The "dilapidated future" setting was actually the old Howe Scales factory, which at the time was being renovated into the Howe Center, a large industrial park. It helps that David Giancola's parents were the ones redeveloping the property. In fact, the Giancola family owns several businesses in Rutland, no doubt helping David during production.