1334 Main StLebanon, IN 46052

Property Details for 1334 Main St

Year built

1994

Construction

METAL FRAME

Lot size

1.43 AC

Property size (Sq ft)

10,584 SF

Zone code

ZO01

Property type

Showrooms

APN

06-10-36-000-139.001-002

APU

61036000139001002

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,018,075

  6.5%

  $1,862,839

  7%

  $1,729,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,503,596

  Geo Method

  $2,503,596

• Alternative Use

  Use

  Valuation

  Residential

  $1,571,374

  Hospitality

  $1,439,370

  Educational

  $1,197,539

  Medical

  $1,238,724

  Retail

  $1,862,839

Location Insight

City

Lebanon

County

Boone

State

Indiana

Latitude

40.0486

Longitude

-86.4838

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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