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Property profile & analytics
OFF-MARKET
Industrial properties

497 Chaney Ave Greenwood, IN 46143

241,800 SF 16.2 ac lot Built 2019
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Year built 2019
Total area 241,800 SF
Lot 16.2 ac (705,672 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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