Freestanding Warehouse with
For Sale
Contact for pricing
3810 N Kercheval Dr, Indianapolis, IN 46226
Clear-span industrial space offers multiple entry points, gated outdoor storage, and drive-through functionality.
Property Size6,000 SF
Lot Size0.85 Acres
Price / SF$141.67
Days on Market83
Property Features for 3810 N Kercheval Dr
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.85 Acres
Property subtype
INDUSTRIAL
Zoning
CS
Site & Location
Neighborhood
Arlington Woods
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Span
Yes
Drive-In Doors
4
Power
200 amps
Voltage
240 V
Three-Phase Power
Yes
Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 454-7171
Listed By:
Matt Ferguson · License #RB17000936
(317) 679-4046
Source:
Moodyscre
Added: Aug 7
Changed: Oct 25
Last Checked: Oct 28 at 7:11AM
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 warehouse contains approximately 6,000 square feet with a clear-span interior, multiple entrances, and four overhead doors. The building supports drive-through operations and includes gated access to outdoor storage. Electrical service is 3-phase, 200 amp, 240V, and the property is zoned CS.
Located at 3810 N Kercheval Dr in Indianapolis, the property provides access to I-465, I-70, and Pendleton Pike. Its combination of warehouse volume, overhead-door access, exterior storage, and industrial electrical service supports a range of commercial operating needs.
Located at 3810 N Kercheval Dr in Indianapolis, the property provides access to I-465, I-70, and Pendleton Pike. Its combination of warehouse volume, overhead-door access, exterior storage, and industrial electrical service supports a range of commercial operating needs.
Key Highlights
- Approximately 6,000 square feet of warehouse space
- Four overhead doors and drive‑through building configuration
- Clear‑span interior with multiple entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,259
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,180
$905.2K
Cap Rate 7%
$646,557
$646.6K
Cap Rate 9%
$502,878
$502.9K
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
−$8.0K −$1.33/SF
NOI
$45.3K $7.54/SF
Area
ZIP 46226
Vacancy
8.70%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,180
Cap Rate 7%
$646,557
Cap Rate 9%
$502,878
Alternative Uses
Best Use
Warehouse
$646.6K
$565.7K – $754.3K
NOI $45,259 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,160 @ 7.0% cap · market cap 12.96%
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
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Indianapolis, IN
Similar Off Market Nearby
- U-STOR Self Storage — 7801 E 38th St, Indianapolis, IN 46226
- Self-Storage at U-Haul — 6800 Pendleton Pike, Indianapolis, IN 46226
- Eric Storage Units — 7250 Pendleton Pike, Indianapolis, IN 46226
- Extra Space Storage — 7715 42nd St, Indianapolis, IN 46226
- Forever Pet Storage — 7800 Records St A, Indianapolis, IN 46226
Frequently Asked Questions
What type of property is this?
Warehouse - Clear-span industrial space offers multiple entry points, gated outdoor storage, and drive-through functionality.
Where is this warehouse located?
The property is located at 3810 N Kercheval Dr Indianapolis, IN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 6,000 square feet of warehouse space; Four overhead doors and drive‑through building configuration; Clear‑span interior with multiple entrances
