Industrial Building

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30863804
Property Subtypes: Free-Standing, Industrial-Business Park, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 8,400 SF
Gross Land Area: 1.93 Acres
Sale Price: $775,000
Unit Price: $92.26 PSF
Ceiling: 18 ft. / 16 ft. Clear
Docks/Doors: 1 Dock, 1 Door
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Progress Blvd Industrial
Usable Size (USF): 8,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2024

Overview / Comments

Free Standing 8400 SqFt Industrial Building located on 1.93 acres in New Albany Industrial Park.
The Office Space incorporates three private offices, a sizeable conference room, a welcoming reception area, and two restrooms.
The Warehouse Area features 1 Dock Bay as well as 2 O/H Drive Thru Doors. The warehouse area is equipped with 3 cranes - 2-ton, 5-ton and 6-ton. Warehouse is heated with O/H Heaters.
An additional office area is located on the second level of the warehouse with 3 offices, conference room, a designated storage area. This area is not included in the square footage
listed.
Heavy power.
Outside Fenced Storage.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Taxing Authority: Floyd County
Tax ID/APN: 22-05-01-500-171.000-008
Zoning: INDUSTRIAL
Property Located Between: Hausfeldt Lane & Park Place
Highway Access: Minutes off I-265 at Grantline Road to Mt Tabor to Progress Blvd. Close to Sherman Minton Bridge connecting Louisville to Southern Indiana.
Airports: Mohammadi Ali International Airport
Site Description: 1.93 acres site with all utilities. Paved parking at entrance and fenced paved storage yard on the side.
Area Description: New Albany Industrial Park off I-265 Interstate.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,400 SF
Property Condition: Average
Year Built: 1978
Roof Type: Flat
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Ample Paved parking areas at entrance and along both sides of the building.
Overhead Cranes: 3
Sprinklers: None
Amps: 400
X-Phase: 3 phase
Heat Type: Electricity, Space Heaters
Heat Source: Ceiling Units
Lighting: Fluorescent
Zoning Description: Industrial Park Zoning
Water Service: Municipal
Sewer Type: Municipal
Easements: Environmental
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,488 43,281 103,455
Median Age: 37.4 38.53 38.58
Households: 1,804 17,754 41,822

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