Property profile

8847 Commerce Park Pl Indianapolis, IN 46268

OFF-MARKET
Warehouses
17,206 SF
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Property summary

AI-generated overview

Commerce Park Building 6, located at 8847 Commerce Park Place in Indianapolis, Indiana, 46268, offers a prime industrial warehouse space opportunity. This multi-tenant building boasts a total of 17,206 square feet, with 1,802 square feet currently vacant. The available space is ideal for various industrial uses, given its I-2-S zoning. The building features convenient drive-in door loading, ensuring efficient operations. Ceiling heights range from 12 to 13 feet, providing ample vertical space for storage and operations. Ample parking is available for employees and clients, enhancing convenience and accessibility. The property benefits from its strategic location, offering easy access to major transportation arteries, including Interstates 465 and 65. This prime location also places the property within a 15-minute drive of both Downtown Indianapolis and the Indianapolis International Airport. The surrounding area provides numerous amenities, including retail centers, restaurants, and hotels, adding to the overall appeal and convenience of this location. Recent improvements to the property include new park and building signage, exterior building updates, and pavement and asphalt repairs, ensuring the property is well-maintained and ready for immediate occupancy. The property is situated in Marion County.

Property profile

Verified
Property type Warehouses
Total area 17,206 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store
  • Business Management Consultant
  • Computer & Electronic Repair (Bike/Boat/Book/etc) Store
  • Security Service
  • Industrial Manufacturer Production Facility

Location

8847 Commerce Park Pl Indianapolis, IN 46268
Indianapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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