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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9401 Innovation Dr Greensboro, IN 47344

86,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 86,000 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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