Property profile

5522-5538 Raymond St Indianapolis, IN 46241

OFF-MARKET
Warehouses
36,180 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 36,180 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5522-5538 Raymond St Indianapolis, IN 46241
Indianapolis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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