808 Walnut St Lebanon, IN 46052
This expansive 36,000 square foot industrial building presents a significant investment opportunity in Lebanon, Indiana. Situated on a 1.5-acre lot, this property boasts one of the largest footprints in the city, ideal for a variety of industrial uses including storage, manufacturing, or other businesses requiring substantial space. The building features a robust 440-volt electrical service, perfectly suited for manufacturing, welding, or similar operations. Internal amenities include well-appointed offices, restrooms, and a durable concrete floor throughout. Loading and unloading are facilitated by docks capable of accommodating semi-trucks and box trucks. The metal roof ensures longevity and low maintenance. Strategically located just off Indianapolis Avenue, behind the former milk factory, this property offers convenient access to Interstate 65, with an on/off ramp less than a mile away. This prime location and substantial size make this an exceptional opportunity for businesses seeking a large, well-equipped industrial space in a thriving community. The property's features and location combine to offer a compelling investment prospect with significant potential for growth and return. The building's size and amenities make it suitable for a wide range of industrial applications. The convenient access to I-65 provides excellent transportation links, enhancing its appeal to businesses requiring efficient logistics.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.