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    2000 Doctor M.l.k. Jr St Indianapolis, IN 46202

    Sponsored
    For Sale
    $2,200,000

    Industrial Space, 1,132 sq ft, Great Location

    Property size:
    35,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property offers a unique opportunity to lease a versatile warehouse space ideally situated in Brevard County's Space Coast submarket. The property comprises two buildings totaling 1,132 square feet: a 344-square-foot frame structure and a 788-square-foot block structure. Situated on a 0.56-acre lot, the property features a mostly cleared fenced yard, providing ample space for storage or outdoor operations. The zoning, City of Cocoa Wholesale Commercial (C-W), allows for a variety of uses, including storage yards, warehousing, and boat/RV storage and repair. Conveniently located off State Road 520, this property offers easy access to Interstate 95, US1, and the beaches. Utilities include city water, sewer, and FPL electric. Nearby employers include Cocoa Cola, Borden Milk, Eastern Florida State College, and Cocoa High School. Historic Downtown Cocoa Village is approximately one mile away. This property presents a compelling opportunity for businesses seeking a well-located, functional space with outdoor storage capabilities. Built in 1946, the property is classified as Class D and features a single tenancy across its two buildings. The property's APN is 24-36-32-03-00000.0-0004.01.

    Property Features for 2000 Doctor M.l.k. Jr St

    General Information

    Property type
    Distribution properties
    Square Feet
    35,900 SF

    Building Details

    Year Built/Renovated
    1910/2018
    Buildings
    3

    HighLights

    • 1,132 SF industrial warehouse on 0.56 acres in Brevard County's Space Coast submarket.
    • Single‑tenant occupancy.
    • Class D building, built in 1946, consisting of two structures (approx. 344 SF frame and 788 SF block).
    • Zoned City of Cocoa Wholesale Commercial (C‑W), allowing for various uses including storage and warehousing.
    • Features a fenced yard and convenient access to SR 520, I‑95, US1, and beaches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.168541962319
    Latitude
    39.793045564178

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    FAQs

    What type of property is this?
    Distribution property - Industrial Space, 1,132 sq ft, Great Location
    Where is this distribution property located?
    The property is located at 2000 Doctor M.l.k. Jr St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 1,132 SF industrial warehouse on 0.56 acres in Brevard County's Space Coast submarket.; Single-tenant occupancy.; Class D building, built in 1946, consisting of two structures (approx. 344 SF frame and 788 SF block).
    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
    2000 Doctor M.l.k. Jr St Indianapolis, IN 46202
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