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    4600 Progress Way Sellersburg, IN 47172

    Sponsored
    For Lease
    $7 SF/Yr

    60,000 SF Manufacturing/Flex Space

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 60,000-square-foot build-to-suit opportunity is situated on a 3.9-acre lot within the Sellersburg Industrial Park, offering unparalleled access to major transportation arteries. The property, identified by APN 101708900652000031, is ideally suited for manufacturing, flex, warehouse, or distribution operations. The building, slated for completion in 2024, provides a single-tenant occupancy configuration. Its prime location at 4600 Progress Way, Sellersburg, IN 47172, offers convenient access to I-65 (Exit 7), the Kentucky Bridge (7 miles), I-64 and I-71 (8 miles), Louisville, KY (12 minutes), Louisville International Airport (17 minutes), and the UPS hub (12 minutes). Clark Regional Airport is just 5 minutes away. This build-to-suit project allows for customization to meet specific tenant requirements, ranging from 10,000 to 60,000 square feet. The property is available for long-term lease only

    Property Features for 4600 Progress Way

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Total Rate
    35000

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Available Space
    Size
    60,000 SF
    Rate per SF
    $9

    HighLights

    • 60,000‑square‑foot build‑to‑suit opportunity in Sellersburg Industrial Park.
    • 3.9‑acre lot with APN 101708900652000031.
    • Suitable for manufacturing, flex, warehouse, or distribution.
    • Completion slated for 2024; single‑tenant occupancy.
    • Located at 4600 Progress Way, Sellersburg, IN 47172, with excellent access to I‑65, I‑64, I‑71, and Louisville.
    • Customization available from 10,000 to 60,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.7450271
    Latitude
    38.3789918

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - 60,000 SF Manufacturing/Flex Space
    Where is this distribution property located?
    The property is located at 4600 Progress Way Sellersburg, IN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 60,000-square-foot build-to-suit opportunity in Sellersburg Industrial Park.; 3.9-acre lot with APN 101708900652000031.; Suitable for manufacturing, flex, warehouse, or distribution.
    Request Owner's contact information
    4600 Progress Way Sellersburg, IN 47172
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    Sellersburg, IN 47172
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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
    4600 Progress Way Sellersburg, IN 47172
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