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3250 N Post Rd, Indianapolis, IN 46226
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Property summary
AI-generated overview
This exceptional flex space warehouse, located at 3250 N Post Road, Indianapolis, IN 46226, offers a prime opportunity for businesses seeking versatile industrial space. The property, built in 1987 and zoned I-3, boasts a total of 80,194 square feet across multiple tenancies. Currently, two spaces are available, ranging from 25,884 to 36,117 square feet, providing flexibility for various business needs. The building features a front-load design, ideal for efficient loading and unloading operations. Its strategic location provides quick access to major interstates I-70 and I-465, ensuring seamless transportation and logistics. The property also benefits from ample dock bays, facilitating smooth material handling. With a 25-foot clear height, the warehouse offers generous vertical space for storage and operations. The property's proximity to a substantial workforce further enhances its appeal. This is an excellent opportunity to secure a well-located, functional, and spacious industrial property in a thriving area of Indianapolis. The property's features make it suitable for a wide range of industrial and flex-use businesses.
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2001
Construction
METAL FRAME
Total area
24,400 SF
Lot
49.64 ac (2,162,492 SF)
Zoning code
ZO01
APN
49-09-30-102-005.000-300
UPID
US31-0506542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor
-
Home Health Care Service
-
Auto Parts Store (Bike/Boat/Book/etc) Store
-
Logistics Company Freight Service
-
Postal Service Courier Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$2.61M
Owner & transaction history
Zoning & alternative use
ZO01 · Indianapolis, IN
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.61M
Value range
$2.34M – $2.87M
±10% around blend
Estimated value / SF
$107 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$2.34M
blend $2.61M
$2.87M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
24,400 SF
Lot area
49.64 ac
Year built
2001
Stories
1
APN
49-09-30-102-005.000-300
Zoning
ZO01
Assessed value
$9,130,900
Annual tax
$225,259
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$225,259
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.93M
Range $953k – $2.93M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.61M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 31 sales
$80
+34%
County 30 sales
$77
+39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $107/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$251k
Move the market yield to see immediate price impact.
Value / SF
$10
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$16k
$316k
$226k
$175k
$18k
$351k
$251k
$195k
$19k
$386k
$276k
$214k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$225,259
Tax year 2023
Assessed value
$9,130,900
Assessed 2023
Previous assessed
$9,130,900
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$5,503,100
Assessed improvement
$3,627,800
Land market value
$5,503,100
Improvement market value
$3,627,800
Total market value
$9,130,900
Applied tax rate
300.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Lease
Year built
2001
Construction
METAL FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
24,400 SF
Lot
49.64 ac (2,162,492 SF)
Zoning code
ZO01
APN
49-09-30-102-005.000-300
UPID
US31-0506542
Jurisdiction
MARION
Zoning & alternative use
ZO01 · Indianapolis, INZoning ZO01 · permitted uses
ZO01 · Indianapolis, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
49.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
ZO01
Jurisdiction
Indianapolis, IN
Recorded code
ZO01
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ZO01 in Indianapolis, IN.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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