Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

500 Range Line Rd Morristown, IN 46161

  • Industrial properties
  • 4,180 SF
  • 26.90 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1749896
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Marcum's Welding & Steel Processing, Inc. / Steel Distributor / Welder
  • Apex Electric And Sign Company, Inc. / Crane Service

Property Details for 500 Range Line Rd

Year built
1974
Construction
TYPE NOT SPECIFIED
Lot size
26.90 lot acres
Property size
4,180 SF
Property type
Industrial properties
APN
73-04-07-300-033.000-008
APU
730407300033000008

Description

This exceptional 151,224-square-foot industrial property in Morristown, Indiana, presents a compelling owner-user or investment opportunity. Situated on a 26.9-acre lot, this Class B building features two structures, each single-story, built in 1974 and renovated in 2007. The property boasts 19 grade-level overhead doors and two dock-high doors, facilitating efficient loading and unloading. A spacious 80 x 235-foot bay, 24-foot clear ceiling height, and T5 lighting enhance functionality. The building also offers ample parking with 100 spaces and additional trailer parking. The property includes approximately 4,000 square feet of office space with a new roof, paint, and flooring. The site's strategic location provides easy access to major interstates (I-70, I-74, I-465, and I-69), the Indianapolis International Airport (40 miles), and the Cincinnati Shipping Port (50 miles). The property is also conveniently located less than half a mile from downtown Morristown and near the Honda plant in Greensburg, IN. Additional land (approximately 75,000 square feet) is available for expansion. The building is currently 100% occupied and has the capacity for a future ridge crane (20-foot hook height). This well-maintained facility offers significant potential for various industrial uses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Morristown
County
Shelby
State
Indiana
Longitude
-85.6855
Latitude
39.6745
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,882
$283,300
$1,146,100
$1,429,400
-
$283,300
$1,146,100
$1,429,400
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message