259 Carroll Rd Indianapolis, IN 46229
This exceptional industrial property, located at 259 S Carroll Rd, Indianapolis, IN 46229, offers a versatile 6,271 square foot space ideal for a variety of businesses. The property encompasses three single-story buildings on a seven-acre lot, providing ample room for operations and expansion. Built in 1971, the buildings feature a 12-foot ceiling height, enhancing storage and operational efficiency. Loading and unloading are facilitated by a single loading dock, complemented by eight garage doors. The property boasts three-phase power, a crucial asset for many industrial applications. Security features include a gated lot and security cameras, ensuring the safety of your operations and assets. The property is zoned for Industrial Light use, making it suitable for a wide range of businesses, including warehouse distribution, packaging, and various professional services. The entire 6,271 square foot space is currently available for lease, or the owner is willing to divide the space to accommodate smaller tenants. Ample parking is available on-site. This property presents a unique opportunity to establish or expand your business in a secure and well-equipped industrial setting. The property's location in Indianapolis, Indiana provides easy access to major transportation routes and a robust workforce.
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Noble Silver Co Auto Parts Store Waste Management Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.