Listing Agency: Kelly Commercial RE t***@remax.net Show Phone

Listed By: Tammy Kelly · License #RB14034782

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:21PM

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Investment Insights

Based on property information with market context.

This warehouse property at 419 Ransdell Rd includes expanded warehouse areas, an insulated building envelope, a reskinned exterior, and new mechanicals added in 2021. The improvements provide a clear record of recent work to the facility while preserving its warehouse configuration.

The property is positioned ½ mile from Exit 140 on I-65 and less than 1 mile from the LEAP Lebanon Innovation District. It is also near the Lebanon Gateway Marketplace Development, a 20-acre project, and other amenities in the surrounding area.

Key Highlights

• Warehouse areas 2 & 3 added in 2021
• Reskinned and insulated building
• New mechanicals installed in 2021

Property Analytics

Property Profile

Current Use

ATEC, INC. Electrical Service

Suggested Use

Top Pick Dental Office Real Estate Agency Big Box & Wholesale Store Building Supply Parking Lot & Garage Hair Salon

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

324

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 46052, IN

22,783

Population

9,935

Households

2.3

Avg Household Size

41

Median Age

26%

College-Educated

90%

High-School Grad

177.6 sq mi

ZIP Area

128

Density / Sq Mi

$66,828

Median Household Income

$43,933

Median Earnings

$911

Median Rent

$200,300

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse improvements include added areas, insulation, new mechanical systems, and a reskinned exterior.

Where is this warehouse located?

The property is located at 419 Ransdell Rd Lebanon, IN.

What are key features of this property?

This property features: Warehouse areas 2 & 3 added in 2021; Reskinned and insulated building; New mechanicals installed in 2021