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Evansville Warehouse/Distribution Space For Sale
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962 Neubling Ave, Evansville, IN 47713

20,885 SF income-producing warehouse/distribution space near I-69 and Hwy 41.

Property Size20,855 SF
Price / SF$47.23
Days on Market733

Property Features for 962 Neubling Ave

General Information

Standard status Active
Size 20,855 SF
Property subtype Industrial
Zoning M-2

Building Details

Year Built 1978
Buildings 2
Stories 1
Units 3
Tenancy Multi
Listing Agency: Woodward Commercial Realty Inc
Listed By: Susan Racine · License #IN RB14044185
Source: Crexi
Added: Sep 3, 2024 Changed: Aug 14 Last Checked: Sep 5 at 12:11AM

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

Investment Insights

Based on property information with market context.

This income-producing property offers 20,885 square feet of warehouse and distribution space. The property is located off I-69, South Kentucky Avenue, and Highway 41, across from Wolfe's Auto Auction. The building is divided into three leased units. Unit A, constructed in 1978 with steel, provides 6,000 square feet and is leased for $2250 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, offers 7,775 square feet and is leased for $1800 per month. 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, constructed in 2019, provides 7,080 square feet and is leased for $2500 per month. This unit features a small office, a half bath, dimensions of 60x120, 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.

Key Highlights

  • Income‑producing property with 20,885 SF of leased warehouse/distribution space.
  • Strategic location off I‑69, S. Kentucky Ave, and Hwy 41.
  • All units feature 400 amp/3 phase power and 16' clear height.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Spa & Massage Center 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.

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47713, IN

9,916
Population
5,507
Households
1.8
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
1,983
Density / Sq Mi
$37,448
Median Household Income
$29,366
Median Earnings
$931
Median Rent
$85,200
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?
Warehouse - 20,885 SF income-producing warehouse/distribution space near I-69 and Hwy 41.
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 20,885 SF of leased warehouse/distribution space.; Strategic location off I‑69, S. Kentucky Ave, and Hwy 41.; All units feature 400 amp/3 phase power and 16' clear height.
(812) 474-1900 Call to check price and availability
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