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    3248 Distribution Way Greenfield, IN 46140

    Sponsored
    For Lease
    Contact for pricing

    Modern warehouse, I-70 access, 219,520 SF available.

    Lot size:
    439,153 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional industrial property, Velocity 70 Trade Center, offers a state-of-the-art, newly constructed bulk distribution facility totaling 439,153 square feet. Currently, 219,520 square feet is available for lease, including 1,878 square feet of office space. The warehouse boasts a substantial 36-foot clear height, providing ample vertical storage capacity. Loading and unloading are efficient with 32 loading docks equipped with lights, fans, levelers, and windows, complemented by 2 drive-in doors. The property features significant on-site parking for both automobiles and trailers, enhancing operational convenience. Security is prioritized with a fenced and gated northern truck court, further secured by a guard shack. Power is robust, supplied by (2) 480V, 800 amp services. The property sits on 27.98 acres of land and is zoned IG (Industrial General), benefiting from a current real estate tax abatement. Its strategic location provides immediate access to Interstate 70, ensuring seamless transportation and logistics. The area also offers a strong workforce pool, making it an ideal location for businesses seeking efficient operations and a skilled workforce. This is a rare opportunity to secure a modern, high-quality warehouse space in a prime location.

    Property Features for 3248 Distribution Way

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    439,153 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    219,520 SF

    HighLights

    • 439,153 SF new construction modern bulk distribution warehouse.
    • 219,520 SF available, including 1,878 SF of office space.
    • Excellent I‑70 access.
    • Ample on‑site auto and trailer parking.
    • Secured, gated northern truck court with guard shack.
    • Docks equipped with lights, levelers, fans, and windows.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Parts Store Auto Repair Shop HVAC Service Grocery Store Food Market Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.907133
    Latitude
    39.830342

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse, I-70 access, 219,520 SF available.
    Where is this distribution property located?
    The property is located at 3248 Distribution Way Greenfield, IN.
    What are key features of this property?
    This property features: 439,153 SF new construction modern bulk distribution warehouse.; 219,520 SF available, including 1,878 SF of office space.; Excellent I-70 access.
    Request Owner's contact information
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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
    3248 Distribution Way Greenfield, IN 46140
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