Freestanding Industrial Building For
For Sale
Contact for pricing
100 Bethel Ave, Beech Grove, IN 46107
12,000 SF industrial building with outdoor storage and ample parking.
Property Size11,754 SF
Price / SF$93.59
Days on Market169
Property Features for 100 Bethel Ave
General Information
Standard status
Active
Size
11,754 SF
Property subtype
INDUSTRIAL
Listing Agency:
SVN | Northern Commercial
(317) 843-8448
Listed By:
Wade Wilson · License ##RB20000720
(317) 863-9271
Source:
Moodyscre
Added: Apr 30
Changed: Jul 10
Last Checked: Oct 15 at 1:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Northern Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a freestanding industrial building offering approximately 12,000 square feet of space. The property is zoned C7, which permits outdoor storage. The building features an ample office buildout, including six offices, a breakroom, and three bathrooms. The warehouse is fully climate-controlled and benefits from heavy 3-phase 400amp power. There are approximately 24 parking spaces available on-site. The layout is flexible, with two separate warehouse bays. A new roof was installed in 2021, and the parking lot is planned for 2025. The furnace was replaced in 2024. The property provides access to I-465, I-65, and downtown Indy.
Key Highlights
- +/- 12,000 SF freestanding industrial building.
- C7 zoning allows for outdoor storage.
- Fully climate‑controlled warehouse.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,825
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,500
$1.6M
Cap Rate 7%
$1,168,929
$1.2M
Cap Rate 9%
$909,167
$909.2K
Market Conditions
NOI Build-Up for 11,754 SF
Gross rent
$105.8K $9.00/SF
− Vacancy
−$9.5K −$0.81/SF
EGI
$96.3K $8.19/SF
− OpEx
−$14.4K −$1.23/SF
NOI
$81.8K $6.96/SF
Area
Marion County, IN
Vacancy
9.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,500
Cap Rate 7%
$1,168,929
Cap Rate 9%
$909,167
Alternative Uses
Best Use
Office B
$2.21M
$1.93M – $2.58M
NOI $154,750 @ 7.0% cap · market cap 14.07%
Second Best
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,825 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$3.01M
$2.63M – $3.51M
NOI $210,353 @ 7.0% cap · market cap 19.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46107, IN
12,994
Population
5,755
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
3,938
Density / Sq Mi
$57,377
Median Household Income
$42,155
Median Earnings
$1,051
Median Rent
$166,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Nick's Packing And Storage — 517 Main St, Beech Grove, IN 46107
- Adm Milling Co — 854 Bethel Ave, Beech Grove, IN 46107
Frequently Asked Questions
What type of property is this?
Warehouse - 12,000 SF industrial building with outdoor storage and ample parking.
Where is this warehouse located?
The property is located at 100 Bethel Ave Beech Grove, IN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: +/- 12,000 SF freestanding industrial building.; C7 zoning allows for outdoor storage.; Fully climate‑controlled warehouse.
