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    4141 96Th St Indianapolis, IN 46240

    Sponsored
    For Lease
    Contact for pricing

    Modern Indy warehouse, ideal for multiple tenants.

    Lot size:
    313,099 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 313,099-square-foot industrial warehouse complex, situated on 30.64 acres in Indianapolis, Indiana, presents a rare investment opportunity. Completed in 1984 and extensively renovated in 2022, the property boasts three buildings with a 20-foot ceiling height, providing ample space for various industrial uses. The property features 66 loading docks and abundant parking for autos, trailers, and vans, offering flexibility to accommodate diverse tenant needs. Zoned CS, this property benefits from a real estate tax abatement and includes outside storage areas. The location is strategically advantageous, offering excellent access to the highly populated northern Indianapolis suburbs including Zionsville, Westfield, Carmel, Noblesville, and Fishers. Its proximity to Keystone at the Crossing further enhances its appeal. This last-mile industrial space is ideally situated on the border of Indianapolis and Carmel, two key growth communities. The property can accommodate tenants requiring between approximately 112,000 and 145,123 square feet. Located at 4141 E 96th St, Indianapolis, IN 46240, this property represents a unique opportunity in a thriving market.

    Property Features for 4141 96Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    313,099 SF

    Building Details

    Year Built/Renovated
    1984/2022
    Buildings
    3

    Unit(s) available at that property

    Space
    Building 1
    Size
    145,123 SF
    Space
    Building 2
    Size
    37,871 SF
    Space
    Building 3
    Size
    30,333 SF

    HighLights

    • 2023 high‑quality redevelopment.
    • Flexible space options from 12,000 to 145,123 square feet.
    • Excellent access to major northern Indianapolis suburbs.
    • Real estate tax abatement; CS zoning; outside storage permitted.
    • Ample auto, trailer, and van parking.
    • Rare last‑mile industrial location on Indianapolis' north side near Keystone at the Crossing.
    Property Profile Location Intelligence

    Current Use by Public Records

    West Building Corporate Office Springfield Electric Supply ... Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -86.0970327
    Latitude
    39.9254049

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    FAQs

    What type of property is this?
    Distribution property - Modern Indy warehouse, ideal for multiple tenants.
    Where is this distribution property located?
    The property is located at 4141 96Th St Indianapolis, IN.
    What are key features of this property?
    This property features: 2023 high-quality redevelopment.; Flexible space options from 12,000 to 145,123 square feet.; Excellent access to major northern Indianapolis suburbs.
    Request Owner's contact information
    4141 96Th St Indianapolis, IN 46240
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    Indianapolis, IN 46240
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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
    4141 96Th St Indianapolis, IN 46240
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