Freestanding Manufacturing
3810 N Kercheval Dr, Indianapolis, IN 46226
For Sale
$799,000
Clear-span industrial building with drive-through capability, gated access, and outdoor storage for manufacturing or logistics operations.
Property Size6,000 SF
Lot Size0.85 Acres
Price / SF$133.17
Days on Market99
Property Features for 3810 N Kercheval Dr
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Span
Power
Voltage
Three-Phase Power
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Premier Commercial Real Estate Services, Inc.
Listed By:
Matt Ferguson · License IN RB17000936
(317) 679-4046
Source:
Tcnworldwide
Added: Aug 8
Changed: Nov 1
Last Checked: Nov 14 at 2:33AM
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 Premier Commercial Real Estate Services, Inc.
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Investment Insights
Based on property information with market context.
This freestanding manufacturing property includes a 6,000 SF clear-span building on a .85 AC lot. Built in 2000, the facility has four overhead doors, multiple entrances, and a drive-through configuration. Gated access and outdoor storage support operational use, while CS zoning and 3 Phase 200amp 240v power add to the property’s industrial functionality.
The property is located at 3810 N Kercheval Dr in Indianapolis, with access to I-465, I-70, and Pendleton Pike. Its building layout, door configuration, site area, and power service are suited to manufacturing and logistics-related operations.
The property is located at 3810 N Kercheval Dr in Indianapolis, with access to I-465, I-70, and Pendleton Pike. Its building layout, door configuration, site area, and power service are suited to manufacturing and logistics-related operations.
Key Highlights
- 6,000 SF clear‑span manufacturing building built in 2000
- .85 AC lot with gated access and outdoor storage
- Four overhead doors and drive‑through building capability
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,272
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,440
$745.4K
Cap Rate 7%
$532,457
$532.5K
Cap Rate 9%
$414,133
$414.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$58.3K $9.72/SF
− Vacancy
−$5.1K −$0.85/SF
EGI
$53.2K $8.87/SF
− OpEx
−$16.0K −$2.66/SF
NOI
$37.3K $6.21/SF
Area
ZIP 46226
Vacancy
8.70%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,440
Cap Rate 7%
$532,457
Cap Rate 9%
$414,133
Alternative Uses
Best Use
Industrial
$532.5K
$465.9K – $621.2K
NOI $37,272 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,160 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Explore this area
Business Placement
Demographics for 46226, IN
43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Manufacturing property - Clear-span industrial building with drive-through capability, gated access, and outdoor storage for manufacturing or logistics operations.
Where is this manufacturing property located?
The property is located at 3810 N Kercheval Dr Indianapolis, IN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 6,000 SF clear‑span manufacturing building built in 2000; .85 AC lot with gated access and outdoor storage; Four overhead doors and drive‑through building capability
