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    808 Walnut St Lebanon, IN 46052

    Sponsored
    For Sale
    $525,000

    36,000 SF Industrial Space - $525,000

    Property size:
    36,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive 36,000 square foot industrial building presents a significant investment opportunity in Lebanon, Indiana. Situated on a 1.5-acre lot, this property boasts one of the largest footprints in the city, ideal for a variety of industrial uses including storage, manufacturing, or other businesses requiring substantial space. The building features a robust 440-volt electrical service, perfectly suited for manufacturing, welding, or similar operations. Internal amenities include well-appointed offices, restrooms, and a durable concrete floor throughout. Loading and unloading are facilitated by docks capable of accommodating semi-trucks and box trucks. The metal roof ensures longevity and low maintenance. Strategically located just off Indianapolis Avenue, behind the former milk factory, this property offers convenient access to Interstate 65, with an on/off ramp less than a mile away. This prime location and substantial size make this an exceptional opportunity for businesses seeking a large, well-equipped industrial space in a thriving community. The property's features and location combine to offer a compelling investment prospect with significant potential for growth and return. The building's size and amenities make it suitable for a wide range of industrial applications. The convenient access to I-65 provides excellent transportation links, enhancing its appeal to businesses requiring efficient logistics.

    Property Features for 808 Walnut St

    General Information

    Property type
    Industrial properties
    Square Feet
    36,000 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Boone
    State
    Indiana
    Longitude
    -86.46009
    Latitude
    40.04066

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    FAQs

    What type of property is this?
    Industrial property - 36,000 SF Industrial Space - $525,000
    Where is this industrial property located?
    The property is located at 808 Walnut St Lebanon, IN.
    What is the asking price?
    The asking price for this property is $525,000.
    (765) 482-4666
    Request Owner's contact information
    808 Walnut St Lebanon, IN 46052
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    Lebanon, IN 46052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    808 Walnut St Lebanon, IN 46052
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