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    Monrovia In Monrovia, IN 46157

    • Land
    • 2,697,280 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Monrovia In

    Year built
    2024
    Property size
    2,697,280 SF
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    Seventy 39 Logistics Park offers exceptional build-to-suit opportunities in Monrovia, Indiana. This prime industrial development boasts five buildings totaling 2,697,280 square feet, with individual suites ranging from a minimum of 374,320 square feet to a maximum contiguous space of 698,880 square feet. Completed in 2024, the park is strategically located in the heart of central Indiana's primary logistics submarket, providing unparalleled access to major transportation arteries. The property enjoys immediate access to I-70 via a newly improved interchange, offering seamless connectivity to five interstate systems. Its proximity to the FedEx air hub and Indianapolis International Airport (IND) further enhances its logistical advantages. Businesses seeking space between 200,000 and 1,200,000 square feet will find this location ideal. Situated just one exit west of Plainfield, employees and visitors benefit from a wealth of nearby amenities, including a variety of restaurants, shopping centers, and hotels. A 10-year real estate tax abatement is also available, making this an attractive investment opportunity in Morgan County.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Morgan
    State
    Indiana
    Longitude
    -86.4766
    Latitude
    39.6087

    Comparable in this City

    • Value Estimation by Request
      80.00 Acres

      39 & Keller Hl Rd

      Distribution properties • 80.00 Acres
      39 & Keller Hl Rd, Monrovia, IN 46157
      View Details
    • Value Estimation by Request
      86.00 Acres

      8881 Baltimore Rd

      Land • 86.00 Acres
      8881 Baltimore Rd, Monrovia, IN 46157
      View Details
    • Value Estimation by Request
      11.57 Acres

      Baltimore Rd

      Land • 11.57 Acres
      0 Baltimore Rd, Monrovia, IN 46157
      View Details
    • Value Estimation
      $310,000
      36.78 Acres

      Everett Rd

      INDUSTRIAL (GENERAL) • 36.78 Acres
      Everett Rd, Monrovia, IN 46157
      View Details
    • Value Estimation by Request
      558 SF

      60 Walnut St

      WAREHOUSE, STORAGE • 558 SF
      60 Walnut St, Monrovia, IN 46157
      View Details
    • Value Estimation
      $325,000
      5,136 SF

      3040 Glacier Dr

      MANUFACTURING (LIGHT) • 5,136 SF
      3040 Glacier Dr, Monrovia, IN 46157-9417
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      80.00 Acres

      Monrovia, IN: 80-Acre Industrial Land

      Prime 80-acre industrial site near I-70.
      39 & Keller Hl Rd, Monrovia, IN 46157
      View Details
    • $2,800,000
      86.00 Acres

      86 Acres Monrovia Development Land

      Prime Indiana commercial land, ideal for housing.
      8881 Baltimore Rd, Monrovia, IN 46157
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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