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    3821 Industrial Blvd Indianapolis, IN 46254

    Sponsored
    For Lease
    $8 SF/Yr

    32,300 SF Manufacturing/Warehouse

    Lot size:
    32,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 32,300-square-foot industrial property, located at 3821 Industrial Blvd in Indianapolis, Indiana, presents a significant investment opportunity. The single-tenant building, constructed in 1975, boasts a 17-foot ceiling height, ample power, and three drive-in doors, making it suitable for diverse manufacturing, warehouse, or flex uses. Situated on 1.96 acres of land, the Class C property includes 50 parking spaces. Its I-1 Light Industrial zoning ensures flexibility for various industrial operations. The property's prime location within Marion County (APN: 49-06-17-129-030.000-674, zip code 46254) offers easy access to major transportation arteries and a skilled workforce, promising strong tenant demand and potential for substantial returns. The entire 32,300 square feet is currently vacant, providing immediate occupancy for a new tenant. This one-story building represents a rare chance to acquire a well-positioned industrial asset in a dynamic market. The property's robust infrastructure and strategic location contribute to its high potential for long-term capital appreciation and a stable income stream. This is an ideal opportunity for investors seeking a strong return on investment in the Indianapolis industrial market.

    Property Features for 3821 Industrial Blvd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,300 SF
    Class
    C
    Total Rate
    21533.33

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    32,300 SF
    Rate per SF
    $8

    HighLights

    • 32,300 SF industrial building in Indianapolis, IN.
    • Single‑tenant, 1‑story building on 1.96 acres.
    • 17' ceiling height, three drive‑in doors, and ample power.
    • 50 parking spaces and I‑1 Light Industrial zoning.
    • Currently vacant, offering immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Indianapolis Metropolitan Police ... Police Department Fatheadz, Inc. Optical Products Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2270689
    Latitude
    39.8256505

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    FAQs

    What type of property is this?
    Flex space - 32,300 SF Manufacturing/Warehouse
    Where is this flex space located?
    The property is located at 3821 Industrial Blvd Indianapolis, IN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 32,300 SF industrial building in Indianapolis, IN.; Single-tenant, 1-story building on 1.96 acres.; 17' ceiling height, three drive-in doors, and ample power.
    Request Owner's contact information
    3821 Industrial Blvd Indianapolis, IN 46254
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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
    3821 Industrial Blvd Indianapolis, IN 46254
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