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Property profile & analytics
OFF-MARKET
Warehouses

2350 Executive Dr Indianapolis city (balance), IN 46241

8,200 SF Built 1970
Property ID
Property summary
AI-generated overview

This 8,200-square-foot industrial warehouse, situated on a 1.8-acre lot in Indianapolis's Stout Field Submarket (Park Fletcher cluster), presents a compelling investment opportunity. The property boasts 7,900 square feet of vacant space, ideal for immediate occupancy. Built in 1970, the single-story building features a 16-foot ceiling height, enhancing storage and operational efficiency. Loading and access are facilitated by one loading dock (9' x 10'), two drive-in doors (one 12' x 12', one 9' x 10'), and ample parking for 26 vehicles. The existing layout includes 5,000 square feet of warehouse space and 2,900 square feet of office space (which is adaptable and could be removed for additional warehouse area). The office area currently comprises eight private offices and two restrooms. The property benefits from robust power (400 amps, 240v, 3-phase) and is zoned I-1. Its strategic location offers easy access to I-70 and I-465, placing it within minutes of the Indianapolis International Airport and major distribution centers, including a nearby Amazon facility in Plainfield. The roof underwent a complete tear-off replacement in 2021. This property is well-suited for a variety of industrial uses and offers significant potential for growth and return on investment.

Property profile
Verified
Property type Warehouses
Year built 1970
Total area 8,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Circle City Construction Materials Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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