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    Industrial Building with Office Space Title is generated by Realmo AI

    7260 Georgetown Rd, Indianapolis, IN

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    16,155 SF industrial building with office and parking.

    Type:INDUSTRIAL
    Property size:
    16,155 SF
    Lot size:
    1.22 Acres
    Price / SF:
    $120/SF
    Added:
    Apr 2, 2025
    Days on Market:
    442
    Last Refresh:
    May 20 at 9:04 pm

    Property Features for 7260 Georgetown Rd

    General Information

    Standard status
    Active
    Size
    16,155 SF
    Lot size
    1.22 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 7260 Georgetown Rd Contact us

    We can help!

    Listing Contact
    Grant M. Lindley, CCIM

    Listing agent Patrick B. Lindley, SIOR

    Listing office Cushman & Wakefield | Indianapolis

    Listing date Apr 2, 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 Cushman & Wakefield | Indianapolis

    HighLights

    • Total building size of ±16,155 SF on ±1.22 acres.
    • Includes ±3,486 SF of office space.
    • Fully air‑conditioned (HVAC).
    • Features one (8’x10’) dock with interior platform and one (10’x10’) drive‑in.
    • Clear height of 12’ - 14’.
    • 36 auto parking spaces.

    Overview

    The property features a building with a total size of approximately 16,155 square feet, including around 3,486 square feet of office space. Situated on approximately 1.22 acres, the building has a clear height ranging from 12 to 14 feet. It includes one dock with interior platform dimensions of 8 feet by 10 feet, and one drive-in door measuring 10 feet by 10 feet. Constructed from block, the building was originally built in 1994 and renovated in 2006. The property provides 36 parking spaces. The building is fully air-conditioned. The zoning is I-2. Taxes for 2023, payable in 2024, amount to $13,578.58, which equates to $0.84 per square foot.

    Local Financial Insights For Warehouse

    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 $126.0k $7.80
    − Vacancy −$11.0k −$0.68
    EGI $115.0k $7.12
    − OpEx −$17.3k −$1.07
    NOI $97.8k $6.05
    16,155 SF · lease $7.80/SF/yr · vacancy 8.70% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.40M
    $1.22M – $1.63M (±1% cap)
    NOI $97,789 @ 7.0% cap · market cap 5.01%
    Second Best
    Industrial
    $1.15M
    $1.01M – $1.34M (±1% cap)
    NOI $80,532 @ 7.0% cap · market cap 4.13%
    Theoretical Best
    Office A
    $4.02M
    $3.52M – $4.69M (±1% cap)
    NOI $281,485 @ 7.0% cap · market cap 14.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

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

    Similar Places Nearby

    • North American Van Lines — 5425 W 74th St suite 100 a, Indianapolis, IN 46268
    • A Arnold World Class Relocation — 5425 W 74th St #100, Indianapolis, IN 46268
    • Allied Van Lines — 5425 W 74th St suite 100-a, Indianapolis, IN 46268
    • Coleman Worldwide Moving — 5425 W 74th St #100, Indianapolis, IN 46268

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2441
    Latitude
    39.8859

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    FAQs

    What type of property is this?
    Warehouse - 16,155 SF industrial building with office and parking.
    Where is this warehouse located?
    The property is located at 7260 Georgetown Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Total building size of ±16,155 SF on ±1.22 acres.; Includes ±3,486 SF of office space.; Fully air‑conditioned (HVAC).
    (317) 634-6363 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Grant M. Lindley, CCIM
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