497 Chaney Ave Greenwood, IN 46143
This exceptional 241,800-square-foot modern industrial distribution center, built in 2019, presents a significant opportunity. The single-story building boasts a 32-foot clear height, providing ample space for efficient operations. Currently, 53,940 square feet is available for lease, with occupancy commencing January 1, 2025. Situated on 16.2 acres in Johnson County, this property offers unparalleled access to major transportation arteries. It's conveniently located approximately one mile from I-65, providing seamless connectivity to I-465 and I-70. Furthermore, its proximity to FedEx and the Indianapolis International Airport streamlines logistics. The property features ample on-site auto parking for employees and visitors. A significant advantage is the existing 10-year real estate tax abatement, offering substantial cost savings. The location benefits from a strong workforce pool, making it an ideal choice for businesses seeking a strategic and cost-effective distribution hub. This property is perfect for businesses needing immediate access to major transportation routes and a strong local workforce. The building's modern design and ample space make it an attractive option for a variety of distribution needs.
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.