Income Producing Warehouse For
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962 Neubling Ave, Evansville, IN
20,855 SF warehouse/distribution space with three leased units.
Space Size6,000 SF - 7,080 SF
Lot Size0.90 Acres
Days on Market304
Property Features for 962 Neubling Ave
General Information
Standard status
Active
Size
6,000 SF - 7,080 SF
Lot size
0.90 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Spaces For Lease
at 962 Neubling Ave Contact us- Size
- 7,080 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE
AVAILABLE NOW / #3977 $6/SF/Yr
Clear span 7,080 SF Warehouse with small office built in 2019 - Located off I-69,...
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- Size
- 6,000 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE
6,000 SF WHSE / #3999 $5.50/SF/Yr
Nice warehouse or workshop located in an industrial area at the interchange of I-69/Hwy...
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Listing Agency:
Woodward Commercial Realty, Inc.
(812) 474-1900
Listed By:
Susan Racine · License #RB14044185
(812) 459-1463
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Sep 18
Last Checked: Sep 22 at 10:05PM
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Market
Lease Benchmarks for Evansville, IN
$10.99 /SF/Yr
Avg Asking Price
$6.85–$20.12 /SF/Yr
Price Range
48,744 SF
Avg Space Size
This space is priced 50% below the average of $10.99 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- We Move & Storage LLC House Moving and Commercial Mover | Home Moving Service | Moving Service
- Self-Storage at U-Haul — 1200 E Riverside Dr, Evansville, IN 47714
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 $5.50 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
