2364 Production Dr Indianapolis, IN 46241
- Warehouses
- 10,224 SF
- 0.96 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2364 Production Dr
- Year built
- 1984
- Lot size
- 0.96 lot acres
- Property size
- 10,224 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 10,224-square-foot warehouse, located at 2364 Production Drive in Indianapolis, Indiana, presents a compelling investment opportunity for owner-users or single-tenant lessees. Priced at $1,500,000 ($9.50/SF), this property boasts a prime location less than a mile from I-465, ensuring convenient access to major transportation routes. Built in 1984 and extensively renovated in 2024, the warehouse is ready for immediate occupancy, with an anticipated occupancy date of September 18, 2024. The building features a single dock-high door and impressive 18.5 to 19.5 feet of clear ceiling height, providing ample space for storage and operations. Situated on a 0.96-acre lot, the property is zoned I-3, allowing for a diverse range of industrial uses. The lease type is NNN (Net, Net, Net), and the tenancy is single. This meticulously maintained warehouse offers a blend of functionality and strategic location, making it an ideal choice for businesses seeking efficient and accessible industrial space in the Indianapolis market. The property's recent renovation ensures modern amenities and optimal functionality, minimizing the need for immediate capital improvements. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a thriving industrial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.2606
- Latitude
- 39.7321
