2350 Executive Dr Indianapolis city (balance), IN 46241
- Warehouses
- 8,200 SF
Current Use by Public Records
- Circle City Construction Materials / Hardware Store
Property Details for 2350 Executive Dr
- Year built
- 1970
- Property size
- 8,200 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis city (balance)
- County
- State
- Indiana
- Longitude
- -86.256
- Latitude
- 39.7328
