2051 Sherbrook Ave Indianapolis, IN 46218
This expansive 41,932-square-foot industrial warehouse, located at 2051 Sherbrook Ave, Indianapolis, IN 46218, presents a prime owner-user opportunity. Situated on a 1.17-acre lot, this single-story building boasts a 15' 6" ceiling height and features five loading docks (three 8'x10' and two 8'x9' docks with levelers), plus one 14' drive-in door. Recent renovations (2023) include new LED lighting, dock doors, hanging heaters, windows, and a complete interior/exterior paint job. A new security system with cameras enhances safety. The property offers 3-phase, 800-amp, 240/120V power and a fully sprinklered fire protection system. Its location provides excellent access to I-70 and I-465, making it strategically advantageous for distribution and manufacturing operations. Asking price is $3,000,000 ($71.54/sq ft). The property is currently vacant.
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.
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Risks
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