895 County Road 350North Vernon, IN 47265

  • Industrial properties
  • 25,000 SF
For Sale
$2,350,000 View listing

Property Details for 895 County Road 350

Year built
2020
Construction
WOOD
Lot size
10.00 AC
Property size (Sq ft)
25,000 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
40-09-22-300-008.012-004
APU
400922300008012004

Description

This exceptional Class A industrial building, constructed in 2020, offers 25,000 square feet of versatile space situated on a 10-acre lot in North Vernon, Indiana. Perfectly suited for warehouse or manufacturing operations, this single-tenant property boasts 100% occupancy. The building features two loading docks capable of handling semi-trailers and box trucks, complemented by three 14x14 bay doors. Inside, you'll find offices, restrooms, and a durable concrete floor throughout. The property is zoned for heavy industrial use and benefits from robust 3-phase 600-amp electrical service, ideal for power-intensive applications such as manufacturing or welding. Its strategic location just off Highway 50, within a 15-minute drive of the I-65 interstate on/off ramp, ensures excellent accessibility and logistical advantages. The single-slope design allows for significant expansion potential, with ample room to quadruple the existing footprint within the expansive 10-acre site. The asking price is $2,350,000. APN: 400922300008012004. Address: 895 W County Rd 350 N, North Vernon, IN 47265.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,769,094
    Hospitality
    $4,368,464
    Educational
    $3,634,511
    Medical
    $3,759,508
    Retail
    $5,653,684
895 County Road 350, North Vernon, Indiana

Location Insight

City
North Vernon
County
Jennings
State
Indiana
Latitude
39.0349
Longitude
-85.6291
CBSA code
35860
CBSA name
NORTH VERNON, IN MICROPOLITAN 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
$35,277
$88,400
$1,087,500
$1,175,900
-
$88,400
$1,087,500
$1,175,900

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