Industrial Property in
8846 E 33rd St Indianapolis, IN
For Sale
Contact for pricing
10,250 SF industrial property available for sale.
Property Size10,250 SF
Lot Size0.97 Acres
Price / SF$119.02
Days on Market708
Property Features for 8846 E 33rd St
General Information
Standard status
Active
Size
10,250 SF
Lot size
0.97 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers
(317) 590-1158
Listed By:
Mike Lubbers, SIOR
(317) 590-1158
Source:
Moodyscre
Added: Aug 22, 2024
Changed: Jul 6
Last Checked: Jul 21 at 7:00AM
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 Colliers
Investment Insights
Based on property information with market context.
This industrial property, located in Indianapolis, Indiana, offers 10,250 square feet of space. The property is suitable for industrial use.
Key Highlights
- 10,250 SF industrial property available for sale.
- Industrial property.
- Property.
Financial Insights For Industrial
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 | $80.0k | $7.80 |
| − Vacancy | −$7.0k | −$0.68 |
| EGI | $73.0k | $7.12 |
| − OpEx | −$21.9k | −$2.14 |
| NOI | $51.1k | $4.98 |
10,250 SF · lease $7.80/SF/yr · vacancy 8.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$729.9K
$638.7K – $851.6K
NOI $51,096 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.55M
$2.23M – $2.98M
NOI $178,596 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - 10,250 SF industrial property available for sale.
Where is this industrial property located?
The property is located at 8846 E 33rd St Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: 10,250 SF industrial property available for sale.; Industrial property.; Property.
