5522-5538 Raymond St Indianapolis, IN 46241
This exceptional 36,180 square foot industrial property, located at 5522-5538 W Raymond Street in Indianapolis, Indiana, presents a unique investment opportunity. Building 6 of the Park Fletcher Business Park offers a versatile flex/warehouse space ideal for a variety of businesses. The building underwent renovations in 2016, ensuring modern amenities and functionality. The high ceilings, measuring 12 feet, provide ample vertical space for storage or specialized equipment. The property boasts robust electrical service, including 120/208 V, 225 amps, and 3-phase power, catering to diverse operational needs. Zoned I-3-S, this property is well-suited for industrial uses. Situated in Marion County, Indiana, with a zip code of 46241, this location offers convenient access to major transportation routes and a thriving business community. The multiple tenancy structure allows for flexibility in lease arrangements. This property is an excellent choice for businesses seeking a well-maintained, spacious, and strategically located industrial space in Indianapolis. The property's location offers easy access to key transportation arteries and is within a well-established business park. This is a rare opportunity to secure a high-quality industrial space in a desirable location.
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.