Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    65 E Pierce St Whitestown, IN 46075

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $850,000

    10,000 SF industrial building in a great location.

    Property size:
    10,000 SF
    Lot size:
    0.18 Acres

    Property Features for 65 E Pierce St

    General Information

    Size
    10,000 SF
    Lot size
    0.18 Acres

    We can help!

    Listing Contact
    Matt Ferguson
    Source: Moodyscre

    Listing Agent: Matt Ferguson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Industrial Building Available for Redevelopment

    This is a 10,000 SF industrial building that presents redevelopment opportunities. An additional lot is available. The property is located in Whitestown, IN. It will be available starting August 1, 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vintage Solutions of Indiana Auto Restoration Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whitestown
    County
    Boone
    State
    Indiana
    Longitude
    -86.344054
    Latitude
    39.997101

    Nearby Similar for Lease

    • Contact for pricing
      257,030 SF

      Whitestown Industrial Facility Sublease

      257,030 SF industrial space in Allpoints at Anson.
      5215 Albert S White Dr, Whitestown, IN
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Whitestown Market

      4,500 SF retail space for lease in Whitestown, Indiana.
      6161 S Main St, Whitestown, IN 46075
      View Details
    • Contact for pricing
      1,000,000 SF

      Whitestown Industrial Park For Lease

      Modern industrial space, flexible lease options.
      450 & Cr 400, Whitestown, IN 46075
      View Details
    • $14 SF/Yr
      24,900 SF

      Whitestown Flex Space Available

      New industrial flex space, I-65 frontage.
      4355 Perry Worth Rd, Whitestown, IN 46075
      View Details
    • Contact for pricing
      1,432 SF

      Retail Space in Growing Area

      1,432 SF retail space in fast-growing Whitestown, Indiana.
      6535-6705 Whitestown Pkwy, Whitestown, IN 46075
      View Details
    • Contact for pricing
      16,404 SF

      Whitestown Office Space - New Construction

      Modern Office Suites, 1800-5468 SF
      6015 Perry Worth Rd, Whitestown, IN 46075
      View Details
    • $7 SF/Yr
      83,894 SF

      Whitestown Industrial Space Available Now

      83,894 SF industrial space with modern features in Whitestown.
      5433 In-267, Whitestown, IN
      View Details
    • Contact for pricing
      172,454 SF

      Whitestown Warehouse with 32' Clearance

      172,454 SF warehouse with 32 dock doors for lease.
      6140 Commerce Dr, Whitestown, IN
      View Details
    • $6 SF/Yr
      286,344 SF

      Whitestown Warehouse Space for Lease

      Industrial warehouse space available near I-65 and Indianapolis Airport.
      5561 E 500 S, Whitestown, IN 46075
      View Details
    • Contact for pricing
      380,000 SF

      Whitestown Warehouse Space Available

      380,000 SF warehouse space for rent in Whitestown.
      5352 Performance Way, Whitestown, IN
      View Details
    • $1.00 SF/Yr
      154,665 SF

      Whitestown Warehouse Space Available

      Industrial warehouse space available for lease in Whitestown, Indiana.
      4255 4259 S County Rd 500 E, Whitestown, IN
      View Details
    • Contact for pricing

      Mills Drive Commercial Space

      Commercial space available for rent on Mills Drive.
      6388 Ml Dr, Whitestown, IN 46075
      View Details

    FAQs

    What type of property is this?
    Industrial property - 10,000 SF industrial building in a great location.
    Where is this industrial property located?
    The property is located at 65 E Pierce St Whitestown, IN.
    What are key features of this property?
    This property features: - Great location; - 10,000 SF industrial building; - Redevelopment potential
    (317) 679-4046
    Request Owner's contact information
    65 E Pierce St Whitestown, IN 46075
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    65 E Pierce St
    Whitestown, IN 46075
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    65 E Pierce St Whitestown, IN 46075
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matt Ferguson
    Real Estate License ID: IN RB17000936
    (317) 679-4046
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.