Building Details

Building Size 5,160 SF

Year Built 1981

Stories 1

Listing Agency: Batts Real Estate Group

Listed By: Lisa Batts Show Phone

Source: Battsrealestategroup

Added: Jul 10 Changed: Oct 22 Last Checked: Oct 22 at 2:18PM

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Investment Insights

Based on property information with market context.

This manufacturing property contains 5,160 square feet of shop space beneath 30-foot ceilings. An office area above the shop includes a kitchen and bathroom, separating administrative and break functions from the work floor. The building, constructed in 1981, has 360-amp electrical service, city water, and city sewer; new water lines have been installed to the building.

The fully fenced site spans 8.81 acres across three parcels and includes wooded ground with mature black walnut trees and a creek. Zoning is Light Industrial. The building and site are configured for manufacturing, fabrication, assembly, or warehouse and distribution operations.

Key Highlights

• 5,160 square feet of shop space
• 30‑foot ceilings
• 360‑amp electrical service

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30 ft

Clear height

Yes

Fenced yard

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

2

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

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Light industrial zoning, dedicated office space, and municipal water and sewer serve the shop.

Where is this manufacturing property located?

The property is located at 316 Wood Street Morristown, IN.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: 5,160 square feet of shop space; 30‑foot ceilings; 360‑amp electrical service