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    1800 Churchman Ave Indianapolis, IN 46203

    Sponsored
    For Sale
    $8,499,000

    214,650 SF Warehouse/Manufacturing, Vacant

    Property size:
    214,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: a 214,650-square-foot warehouse and manufacturing facility in Indianapolis, Indiana, is available for $8,499,000. This vacant property sits on approximately 1.88 acres of land zoned I-3, offering significant potential. The building boasts a substantial 11.5' to 17.5' clear height, 16 dock-high doors, and 3 drive-in doors. Power is robust, featuring 480-volt, 5,200-amp, 3-phase service. A newly remodeled 11,000-square-foot office space is included. The property includes a wet sprinkler system and is strategically located approximately 1.2 miles from I-65, providing easy access to major transportation routes. Further enhancing its appeal is the potential for CSX rail access with over 1,200 feet of frontage, and its proximity to a strong labor pool and downtown Indianapolis. The property is divisible for lease, presenting flexibility for various business needs. Additional acreage may be available. This is a rare opportunity to acquire a large-scale industrial property in a prime location.

    Property Features for 1800 Churchman Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    214,650 SF
    Lot Size
    81,893 SF

    HighLights

    • $8,499,000 asking price for this 214,650 square foot industrial property.
    • NNN lease, currently vacant.
    • Located at 1800 Churchman Ave, Indianapolis, IN 46203, on a 1.88‑acre lot.
    • I‑3 zoning.
    • Features 11.5' - 17.5' clear ceiling heights, 16 docks, 3 drive‑ins, and approximately 11,000 square feet of newly remodeled office space.
    • Includes 480‑volt, 5,200‑amp, 3‑phase power and a wet sprinkler system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pinnacle Voice & Data ... Telecommunications Used-Palletrack.com Industrial Equipment Supplier Material Handling Exchange Industrial Equipment Supplier CLL Investments,LLC Warehouse CLL Real Estate ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.164997
    Latitude
    39.745857

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    FAQs

    What type of property is this?
    Manufacturing property - 214,650 SF Warehouse/Manufacturing, Vacant
    Where is this manufacturing property located?
    The property is located at 1800 Churchman Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $8,499,000.
    What are key features of this property?
    This property features: $8,499,000 asking price for this 214,650 square foot industrial property.; NNN lease, currently vacant.; Located at 1800 Churchman Ave, Indianapolis, IN 46203, on a 1.88-acre lot.
    Request Owner's contact information
    1800 Churchman Ave Indianapolis, IN 46203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1800 Churchman Ave Indianapolis, IN 46203
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