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962 Neubling Ave, Evansville, IN

20,855 SF warehouse/distribution space with three leased units.

Space Size7,080 SF
Lot Size0.90 Acres
Days on Market263

Property Features for 962 Neubling Ave

General Information

Standard status Active
Size 7,080 SF
Lot size 0.90 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 962 Neubling Ave Contact us

AVAILABLE NOW / #3977 $6/SF/Yr

Size
7,080 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE
Clear span 7,080 SF Warehouse with small office built in 2019 - Located off I-69,...
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Listing Agency: Woodward Commercial Realty, Inc.
Listed By: Susan Racine · License #RB14044185
Source: Moodyscre
Added: Nov 23, 2025 Changed: Aug 12 Last Checked: Aug 13 at 10:24AM

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 20,855 square foot warehouse and distribution property is located off I-69, S. Kentucky Ave, and Hwy 41, across from Wolfe's Auto Auction. The property consists of three leased spaces. Unit A, built in 1978 with steel construction, offers 6,000 square feet and is leased month-to-month for $2,350 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 construction, provides 7,775 square feet and is leased for $1,950 per month until October 31, 2025. 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, built in 2019, offers 7,080 square feet (60x120) and is leased for $2,800 per month until November 30, 2025. It features a small office, a half bath, 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. The property's insurance costs $7,762, taxes are $12,389, and total expenses amount to $20,151, with an income of $78,600.

Key Highlights

  • Income‑producing property with $78,600 annual income
  • 20,855 SF of warehouse/distribution space
  • Located off I‑69, S. Kentucky Ave. and Hwy. 41

Property Analytics

Current Use

Warehouses

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.

Lease Details

NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
Balanced
Demand for This Use

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 - 20,855 SF warehouse/distribution space with three leased units.
Where is this warehouse located?
The property is located at 962 Neubling Ave Evansville, IN.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Income‑producing property with $78,600 annual income; 20,855 SF of warehouse/distribution space; Located off I‑69, S. Kentucky Ave. and Hwy. 41
(812) 459-1463 Call to check price and availability
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