www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
19819907
19819910

500 N Range Line Rd, Morristown, IN 46161

PA
IN IN123455
Premier Commercial  TCN Worldwide Real Estate
Premier Commercial  TCN Worldwide Real Estate
Listed by Premier Commercial TCN Worldwide Real Estate
$6,200,000
905 days on market
Updated 62 days ago

500 N. Rangeline Rd.

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 151,224
Occupancy 100%
Tenancy Single
Class B
Year Built 1974
Year Renovated 2007
Buildings 2
Stories 1
Acreage 26.900
Parking Spaces 100 spaces
Parking Per SqFt 0.66
Investment Type Owner/User
Ceiling Height 24'
Loading Docks 19
Dock High Doors 2

Industrial | 151,224 SqFt

Marketing description

The property has extra land available for expansion (around 75,000 SF). It also has 19 grade-level overhead doors, 2 dock-high doors, & an 80 x 235 ft. bay. 24 ft. clear ceiling height, T5 lighting, & the capacity for a future ridge crane (hook height 20 ft.) —over 155,000 SF, with just over 4,000 SF of office. Perfect investment or owner-user opportunity.

Located on US 52/Main St. & less than a half mile from Downtown Morristown. Approx. 30 miles southeast of Indianapolis; approx. 35 mins. from HONDA plant in Greensburg, IN; approx. 25 min. to I-465 in Indianapolis; 25 min. to 1-70; 35 min. to 1-65, & 35 min. to 1-69. The property is also 40 miles to the Indianapolis International Airport, 10 miles to Shelbyville Municipal Airport (5,000 ft. runway), & 50 miles to the Cincinnati Shipping Port.

Investment highlights

  • Approx. 155,000 SF manufacturing building for sale - great investment or owner-user opportunity

  • Great proximity to all four major interstates - I-70, I-74, I-465, & I-69

  • Several overhead doors & dock doors

  • Heavy power, T5 lighting, & crane

  • Fenced lot with 100 parking spaces & trailer parking

  • New roof, paint, & flooring in the office

  • Video Link-> https://vimeo.com/895410016

    For more info., please visit: http://properties.premiercommercialre.com/morristownsale/

Listing Contacts

PA
IN IN123455
Premier Commercial  TCN Worldwide Real Estate
Premier Commercial  TCN Worldwide Real Estate
Listed by Premier Commercial TCN Worldwide Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Pete Alveal
License
IN123455
Brokerage Phone
317-454-7171
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591