1257 Airport Parkway Greenwood, IN
6,000 SF warehouse/office with HVAC and tax abatement.
- Added:
- Jun 27, 2025
- Days on Market:
- 381
- Last Refresh:
- May 20 at 8:16 pm
Property Features for 1257 Airport Parkway
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.55 Acres
- Property subtype
- INDUSTRIAL
Listing office Lynn Properties, LLC (317) 332-5762
Listing date Jun 27, 2025
Source Moodyscre
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 Lynn Properties, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- HVAC in both the office and warehouse areas
- Enjoy the benefit of 4 years remaining on the tax abatement
- Features 6,000 SF of space plus a 1,525 SF mezzanine
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.8k | $19.80 |
| − Vacancy | −$17.8k | −$2.97 |
| EGI | $101.0k | $16.83 |
| − OpEx | −$25.2k | −$4.21 |
| NOI | $75.7k | $12.62 |
Alternative Uses
Property Analytics
Current Use by Public Records
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