9401 Innovation Dr Greensboro, IN 47344
This exceptional commercial property, located at 9401 Innovation Drive Suite 400, Daleville, IN 47344, presents a unique investment opportunity. The single-story building, totaling 86,000 square feet, sits on a substantial 112,385 square foot lot and boasts a highly desirable location directly on Interstate 69, northeast of Indianapolis, within the Heartland Business Center. Currently vacant, this property offers immediate potential for a variety of commercial uses, including retail and light manufacturing. The building features 25,000 square feet dedicated to light production space, in addition to extensive office areas. It was recently and extensively remodeled and expanded for a long-standing local business, resulting in a high-quality structure ready for immediate occupancy. The property is zoned for commercial use and is being offered at a significantly discounted price of less than $25 per square foot. The seller is motivated, and closing is anticipated for mid-year 2025. This presents a rare chance to acquire a substantial, well-located commercial property at a compelling price point. The property's size, location, and recent renovations make it an ideal investment for businesses seeking a prominent presence in a rapidly growing area.
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
Similar Nearby for Sale
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.