962 Neubling Ave Evansville, IN
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20,855 SF warehouse/distribution space with three leased units.
Type:INDUSTRIAL
Property size:
20,855 SFLot size:
0.90 AcresPrice / SF:
$47/SF- Added:
- Aug 26, 2024
- Days on Market:
- 613
- Last Refresh:
- Apr 5 at 8:09 pm
Property Features for 962 Neubling Ave
General Information
- Standard status
- Active
- Size
- 20,855 SF
- Lot size
- 0.90 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 962 Neubling Ave Contact us
Listing agent Susan Racine License #RB14044185 (812) 459-1463
Listing office Woodward Commercial Realty, Inc. (812) 459-1463
Listing date Aug 26, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Woodward Commercial Realty, Inc.
Overview
Income Producing Warehouse For Sale
This 20,855 square foot warehouse and distribution property is located off I-69, S. Kentucky Ave, and Hwy 41, across from Wolfe's Auto Auction. The property consists of three leased spaces. Unit A, built in 1978 with steel construction, offers 6,000 square feet and is leased month-to-month for $2,350 per month. It features one office, a half bath, one bay, 400 amp/3 phase power, 16' clear height, gas and electric utilities, LED high bay lighting, a new TPO roof overlay within the last 5 years, and 5" concrete floors. Unit B, also built in 1978 with steel construction, provides 7,775 square feet and is leased for $1,950 per month until October 31, 2025. It includes one office, a half bath, two bays, 400 amp/3 phase power, 16' clear height, gas and electric utilities, LED high bay lighting, a new TPO roof overlay within the last 5 years, and 5" concrete floors. Unit C, built in 2019, offers 7,080 square feet (60x120) and is leased for $2,800 per month until November 30, 2025. It features a small office, a half bath, 400 amp/3 phase power, 16' clear height, spray foam insulation in the walls, R30 insulation in the ceiling, interior metal liner panels, gas and electric utilities, a main floor drain, LED high bay lighting, a fenced yard, two 16x16 overhead doors, and 6" concrete floors. The property's insurance costs $7,762, taxes are $12,389, and total expenses amount to $20,151, with an income of $78,600.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Warehouses
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Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.5492
- Latitude
- 37.9474
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 20,855 SF warehouse/distribution space with three leased units.
Where is this warehouse located?
The property is located at 962 Neubling Ave Evansville, IN.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Income‑producing property with $78,600 annual income; 20,855 SF of warehouse/distribution space; Located off I‑69, S. Kentucky Ave. and Hwy. 41
