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    803 H L Thompson Jr Dr Ashley, IN 46705

    For Lease
    $6 SF/Yr

    101,336 SF Warehouse/Manufacturing Space

    Lot size:
    101,336 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Exceptional 101,336 square foot industrial property available for lease in Ashley, Indiana. This single-tenant building, constructed in 1998 and renovated in 2013, sits on 15.44 acres and offers a versatile layout ideal for manufacturing and warehousing operations. The space includes a 24,366 square foot corporate office area with employee amenities such as training facilities and lockers. A substantial 41,000 square foot general warehouse area is complemented by a 36,000 square foot humidity and dust-controlled space featuring non-static flooring. The property boasts 8 loading docks, one drive-in door, and ample parking for 200 vehicles. Ceiling heights range from 15.4 feet to 18.5 feet, and the building is equipped with robust 3,200 amp, 3-phase power, including a backup generator. The property benefits from high visibility and easy access to I-69. The property is zoned I1/Industrial and features a tax rate of $0.39 per square foot. The building consists of one story. This is a prime opportunity for businesses seeking a well-maintained, strategically located industrial facility. The property's features are designed to support a wide range of industrial and manufacturing activities. The lease rate is $6.95 per square foot per year, NNN. APN: 02-12-16-201-007.000-074.

    Property Features for 803 H L Thompson Jr Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,336 SF
    Total Rate
    58690.43

    Building Details

    Year Built/Renovated
    1998/2013
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    101,336 SF
    Rate per SF
    $6

    HighLights

    • 101,336 SF industrial building, single‑tenant occupancy.
    • 15.44 acres of land.
    • 1‑story building, constructed in 1998, renovated in 2013.
    • Ceiling heights ranging from 15.4' to 18.5'.
    • Property taxes are $0.39/SF.
    • Features 8 loading docks, 1 drive‑in door, and 200 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Trin Inc Association / Organization

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashley
    County
    Dekalb
    State
    Indiana
    Longitude
    -85.0572791
    Latitude
    41.5206281

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    FAQs

    What type of property is this?
    Distribution property - 101,336 SF Warehouse/Manufacturing Space
    Where is this distribution property located?
    The property is located at 803 H L Thompson Jr Dr Ashley, IN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 101,336 SF industrial building, single-tenant occupancy.; 15.44 acres of land.; 1-story building, constructed in 1998, renovated in 2013.
    Request Owner's contact information
    803 H L Thompson Jr Dr Ashley, IN 46705
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    Ashley, IN 46705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    803 H L Thompson Jr Dr Ashley, IN 46705
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