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    2710 Rand Rd Indianapolis, IN 46241

    Sponsored
    For Lease
    $8 SF/Yr

    73,389 SF Industrial Warehouse, 8,100 SF Available

    Lot size:
    73,389 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 73,389-square-foot industrial warehouse, situated within the desirable Park Fletcher Business Park, presents a compelling investment opportunity. Currently, 8,100 square feet of space is available for lease within this multi-tenant building. The warehouse boasts a 16-foot clear ceiling height, providing ample vertical storage capacity. Loading and unloading is facilitated by both a loading dock and drive-in access. The property is zoned I-2-S, allowing for a variety of industrial uses. Significant recent improvements include a complete roof replacement in 2024, ensuring long-term structural integrity. The location offers unparalleled convenience, with easy access to major transportation arteries, including I-465 and I-70. Its strategic position within Park Fletcher Business Park places it in close proximity to Downtown Indianapolis and the Indianapolis International Airport, enhancing logistical efficiency. Furthermore, the planned expansion of IndyGo bus service will provide convenient public transportation options, with buses running through the park every 30 minutes. This property represents a rare opportunity to secure prime industrial space in a thriving, well-connected location.

    Property Features for 2710 Rand Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,389 SF
    Total Rate
    51983.88

    Unit(s) available at that property

    Space
    Suite 2726-30
    Size
    12,354 SF
    Rate per SF
    $8

    HighLights

    • 73,389 SF industrial warehouse/distribution building.
    • 16' clear height ceilings.
    • One loading dock and drive‑in access.
    • I‑2‑S zoning.
    • New roof installed in 2024.
    • Excellent access to I‑465 and I‑70.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trans-Expedite Trucking Company Omni Logistics - Indianapolis Logistics Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -86.252577
    Latitude
    39.725402

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    FAQs

    What type of property is this?
    Distribution property - 73,389 SF Industrial Warehouse, 8,100 SF Available
    Where is this distribution property located?
    The property is located at 2710 Rand Rd Indianapolis, IN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 73,389 SF industrial warehouse/distribution building.; 16' clear height ceilings.; One loading dock and drive-in access.
    Request Owner's contact information
    2710 Rand Rd Indianapolis, IN 46241
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    Indianapolis, IN 46241
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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
    2710 Rand Rd Indianapolis, IN 46241
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