Morristown Industrial Property with
For Sale
Contact for pricing
500 N Range Line Rd, Morristown, IN 46161
155,000+ SF industrial building with expansion potential.
Property Size151,224 SF
Price / SF$40
Days on Market966
Property Features for 500 N Range Line Rd
General Information
Standard status
Active
Size
151,224 SF
Property subtype
Industrial
Building Details
Year Built
1974
Listing Agency:
Premier Commercial TCN Worldwide Real Estate
(317) 997-9362
Listed By:
Pete Alveal · License #IN123455
Source:
Crexi
Added: Dec 12, 2023
Changed: Jul 10
Last Checked: Aug 3 at 1:48PM
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 Premier Commercial TCN Worldwide Real Estate
Investment Insights
Based on property information with market context.
This industrial property, totaling over 155,000 square feet with just over 4,000 square feet of office space, presents an investment or owner-user opportunity. The building features 19 grade-level overhead doors and 2 dock-high doors, along with an 80 x 235 ft bay. It offers a 24 ft clear ceiling height and T5 lighting. The property is equipped for a future ridge crane with a hook height of 20 ft. There is approximately 75,000 SF of extra land available for expansion. Located on US 52/Main St, it is less than a half mile from Downtown Morristown, approximately 30 miles southeast of Indianapolis, and about 35 minutes from the Honda plant in Greensburg, IN. The location provides convenient access, being approximately 25 minutes to I-465 in Indianapolis, 25 minutes to 1-70, 35 minutes to 1-65, and 35 minutes to 1-69. Transportation is further facilitated by its proximity to the Indianapolis International Airport (40 miles), Shelbyville Municipal Airport with a 5,000 ft runway (10 miles), and the Cincinnati Shipping Port (50 miles).
Key Highlights
- Over 155,000 SF of space with 19 grade‑level overhead doors and 2 dock‑high doors.
- Approximately 75,000 SF of extra land available for expansion.
- Strategic location on US 52/Main St., less than a half mile from Downtown Morristown, and accessible to major transportation routes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 46161, IN
2,576
Population
974
Households
2.6
Avg Household Size
43
Median Age
19%
College-Educated
92%
High-School Grad
34.3 sq mi
ZIP Area
75
Density / Sq Mi
$70,337
Median Household Income
$38,944
Median Earnings
$959
Median Rent
$206,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 155,000+ SF industrial building with expansion potential.
Where is this manufacturing property located?
The property is located at 500 N Range Line Rd Morristown, IN.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Over 155,000 SF of space with 19 grade‑level overhead doors and 2 dock‑high doors.; Approximately 75,000 SF of extra land available for expansion.; Strategic location on US 52/Main St., less than a half mile from Downtown Morristown, and accessible to major transportation routes.
