Industrial Facility - Tell City, IN / #2359

Industrial for Sale
Catylist Listing ID: 30681038
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 116,000 SF
Gross Building Area: See Agent
Gross Land Area: 15.40 Acres
Sale Price: $2,295,000
Unit Price: $19.78 PSF
Ceiling: 20 ft. / 18 ft. Clear
Docks/Doors: 5 Docks, 6 Doors
Office SF: 5,000 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Building Name: Parker Hannifin
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2021

Overview / Comments

❖ Well-maintained Industrial facility located in Tell City, IN. Currently occupied by Parker-Hannifin (will cease operation in March 2021)

❖ Strategically situated between Louisville, KY and Evansville, IN. Located on SR 66 with easy access to SR 37 and I-64

❖ ±111,000 SF of warehouse and ±5,000 SF of office

❖ Rail Spur on-site with access to Hoosier Southern RR, but not currently in operation

❖ Major employers include Waupaca Foundry, ATTC Manufacturing, Mulzer Crushed Stone, Meggitt, Perry County Memorial Hospital

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $25,239 (Annual)

Additional Details

Nearest MSA: Evansville
County: Perry
Taxing Authority: Perry County
Tax ID/APN: 62-13-20-300-003.000-007
Zoning: M1
Highway Access: SR 66; SR 37; I-64
Rail Access: Yes
Airports: Perry County Municipal Airport (5 miles); Evansville Regional Airport (60 miles); Louisville Muhammed Ali International Airport (80 miles)
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1957
Roof Type: Flat
Construction/Siding: Block, Brick, Metal Siding, Steel Frame
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: ±115 surface parking spaces on-site
Total Parking Spaces: 115
Column Spacing: Typically, 30' x 30'
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 600
Volts: 460
X-Phase: 3-Phase
Lighting: Fluorescent
Internet Access: Fiber Optic
Lot Frontage: 550
Lot Depth: 1220
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,765 9,455 14,731
Median Age: 44.13 42.47 42.01
Households: 863 4,132 6,161

Contact

Photograph of Listing Agent

Chris Jackson, CCIM, SIOR

Woodward Commercial Realty, Inc. ICREX Member
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