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Property profile & analytics
OFF-MARKET Estimated value $570,000
Showrooms

1334 Main St Lebanon, IN 46052-2326

10,584 SF 1.43 ac lot Built 1994
Individually Owned 4-yr Hold Free & Clear
Property ID
US31-2245889
Property summary
AI-generated overview

This exceptional 6,420-square-foot industrial property, located at 1334 W Main St in Lebanon, Indiana (zip code 46052), presents a unique opportunity for businesses seeking versatile space. Built in 2024, this single-tenant building offers immediate occupancy. The property boasts a flexible design suitable for manufacturing, distribution, or flex uses, as designated by its ID zoning. The building features a substantial 16-foot clear ceiling height, providing ample vertical space for various operational needs. Access is simplified by two drive-in doors, enhancing efficiency for loading and unloading. Situated on a 1.43-acre lot, the property provides ample outdoor space for storage or expansion. Its strategic location offers convenient access to Interstate 65, providing seamless connectivity to regional transportation networks. Furthermore, the property benefits from its proximity to the LEAP District, offering potential advantages for businesses seeking collaboration and synergy within a thriving economic hub. This newly constructed facility is ready for immediate occupancy, making it an ideal solution for businesses requiring modern, functional industrial space in a prime location. The property's size, features, and location combine to create a compelling opportunity for a variety of industrial operations.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1994
Construction METAL FRAME
Total area 10,584 SF
Lot 1.43 ac (62,291 SF)
Zoning code ZO01
APN 06-10-36-000-139.001-002
UPID US31-2245889
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Quality Drapery Services General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k
Owner & transaction history
Mark S Mckenzie · 4 yrs held
Mark S Mckenzie
since 2021
Last sale
$590,080
3 recorded transactions
2022
Price N/A
2021
$590,080
2007
Price N/A
Zoning & alternative use
ZO01 · Lebanon, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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