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    Property profile & analytics
    OFF-MARKET
    Industrial land

    621 Enterprise Blvd, Lebanon, IN 46052-8366

    7.47 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US31-0580013
    Property summary
    AI-generated overview

    This exceptional 277,919-square-foot modern industrial property in Lebanon, Indiana's Boone County, is perfectly situated for warehousing and logistics businesses. The property comprises two buildings: Building 621, offering 106,171 square feet (with 76,141 square feet currently available, divisible to approximately 30,000 square feet), and Building 651, encompassing 171,748 square feet (divisible to approximately 50,000 square feet). Both buildings boast 28-32 foot ceiling heights and are equipped with 32 loading docks in total. The property features ample parking with 305 spaces and a robust power supply of 1,200 amps, 277/480 volts. Zoned Planned Business Industrial (PBI), this facility benefits from a 10-year real estate tax abatement. Its strategic location less than a mile from the I-65 and SR 39 interchange provides unparalleled access to Indianapolis, Chicago, and five major interstate systems via I-465. Enjoy a convenient 30-minute commute to Indianapolis's central business district, Indianapolis International Airport, and Lafayette, Indiana. This newly constructed (2023) property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 7.47 ac (325,393 SF)
    Zoning code ZO01
    APN 06-06-01-000-063.000-002
    UPID US31-0580013
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    CITIMARK LEBANON LLC
    CITIMARK LEBANON LLC
    Zoning & alternative use
    ZO01 · Lebanon, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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