Owner-User Opportunity | 500 N Rangeline Rd
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Owner-User Opportunity 500 N Rangeline Rd
151,224 SF Industrial Building Morristown, IN 46161 $8,000,000 ($52.90/SF)
INVESTMENT HIGHLIGHTS
- Approx. 155,000 SF, manufacturing building for sale - great investment or owner-user opportunity
- Several overhead doors & dock doors
- Fenced lot with 100 parking spaces & trailer parking
- Great proximity to all four major interstates - I-70, I-74, I-465, & I-69
- Heavy power, T5 lighting & crane
- New roof, & new paint & flooring in the office
EXECUTIVE SUMMARY
The property has extra land available for expansion (around 75,000 SF). It also has 19 grade-level overhead doors, 2 dock-high doors, & an 80 x 235 ft. bay, with 24ft. clear ceiling height, & the capacity for a future ridge crane (hook height 20 ft.), & T5 lighting in warehouse—over 155,000 SF, with just over 4,000 SF of office.
Located on US 52/Main St. & less than a half mile from Downtown Morristown. Approx. 30 miles southeast of Indianapolis; approx. 35 mins. from HONDA plant in Greensburg, IN; approx. 25 min. to I-465 in Indianapolis; 25 min. to 1-70; 35 min. to 1-65, & 35 min. to 1-69. The property is also 40 miles to the Indianapolis International Airport, 10 miles to Shelbyville Municipal Airport (5,000 ft. runway), & 50 miles to the Cincinnati Shipping Port.
Located on US 52/Main St. & less than a half mile from Downtown Morristown. Approx. 30 miles southeast of Indianapolis; approx. 35 mins. from HONDA plant in Greensburg, IN; approx. 25 min. to I-465 in Indianapolis; 25 min. to 1-70; 35 min. to 1-65, & 35 min. to 1-69. The property is also 40 miles to the Indianapolis International Airport, 10 miles to Shelbyville Municipal Airport (5,000 ft. runway), & 50 miles to the Cincinnati Shipping Port.
PROPERTY FACTS
AMENITIES
- Fenced Lot
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating
PROPERTY TAXES
| Parcel Number | 73-04-07-300-033.000-008 | Improvements Assessment | $1,146,100 |
| Land Assessment | $283,300 | Total Assessment | $1,429,400 |
PROPERTY TAXES
Parcel Number
73-04-07-300-033.000-008
Land Assessment
$283,300
Improvements Assessment
$1,146,100
Total Assessment
$1,429,400
ZONING
| Zoning Code | I (Industrial) |
| I (Industrial) |
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Owner-User Opportunity | 500 N Rangeline Rd
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