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    65 Pierce St Whitestown, IN 46075

    Sponsored
    For Sale
    $725,000

    10,000 SF Industrial Building, Redevelopment Opportunity

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,000-square-foot industrial building, located at 65 E. Pierce St. in Whitestown, Indiana, presents a compelling redevelopment opportunity. Situated in the heart of Whitestown, a thriving industrial area in central Indiana, this single-story building is ideally positioned for future growth. Currently occupied by a tenant with a lease expiring July 2025, the property offers immediate income potential. The building's classification encompasses distribution, flex, and warehouse uses, providing versatility for a range of potential redevelopment projects. Priced at $725,000, this represents an attractive price per square foot of $72.50. Adding to its appeal is an adjacent vacant lot available for separate purchase at $150,000, offering significant expansion possibilities. The property's prime location in Boone County, Indiana, zip code 46075, ensures easy access to major transportation routes and a robust workforce. This is a rare chance to acquire a well-located industrial property with significant upside potential in a rapidly developing area. The existing building and the adjacent lot provide a unique opportunity for investors seeking a blend of immediate income and long-term redevelopment prospects.

    Property Features for 65 Pierce St

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 10,000 SF redevelopable industrial building at 65 E. Pierce St., Whitestown, IN.
    • Currently occupied with lease expiring July 2025, providing immediate income.
    • Adjacent vacant lot available for separate purchase ($150,000), offering expansion potential.
    • Excellent location in Boone County (zip code 46075) with easy access to transportation and workforce.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vintage Solutions of Indiana Auto Restoration Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitestown
    County
    Boone
    State
    Indiana
    Longitude
    -86.3451648
    Latitude
    39.9970119

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    FAQs

    What type of property is this?
    Distribution property - 10,000 SF Industrial Building, Redevelopment Opportunity
    Where is this distribution property located?
    The property is located at 65 Pierce St Whitestown, IN.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: 10,000 SF redevelopable industrial building at 65 E. Pierce St., Whitestown, IN.; Currently occupied with lease expiring July 2025, providing immediate income.; Adjacent vacant lot available for separate purchase ($150,000), offering expansion potential.
    Request Owner's contact information
    65 Pierce St Whitestown, IN 46075
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    Whitestown, IN 46075
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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
    65 Pierce St Whitestown, IN 46075
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