512 Herriman Ct Noblesville, IN 46060
- Warehouses
- 5,760 SF
- 1.30 lot acres
Current Use by Public Records
- Schwan Food Co / Grocery Store / Food Store
- Tony's Red Baron Pizza / Wholesale Food Store
Property Details for 512 Herriman Ct
- Year built
- 1993
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.30 lot acres
- Property size
- 5,760 SF
- Property type
- Warehouses
- APN
- 29-11-18-000-004.017-013
- APU
- 291118000004017013
Description
This exceptional 2,000-square-foot warehouse space in Noblesville, Indiana, presents a unique opportunity for businesses seeking a functional and adaptable industrial property. Located at 512 Herriman Ct, 46060, this single-tenant warehouse offers a prime location within a thriving industrial area, providing convenient access to major transportation routes and logistical centers. The property's design prioritizes flexibility, allowing for customization to meet specific operational requirements. Whether your business needs a ready-to-occupy space or a build-to-suit solution, this warehouse offers the potential to optimize your workflow and enhance your operational efficiency. The "as-is" condition allows for immediate occupancy, while the build-to-suit option provides the opportunity to tailor the space to your exact specifications. This property is classified as industrial, with a warehouse subtype, and is situated in Noblesville, Indiana, offering a strategic location for businesses seeking seamless transportation and distribution capabilities. The property's precise coordinates are latitude 40.0106332 and longitude -86.0061992. This presents a compelling opportunity for businesses seeking a well-located, adaptable warehouse space in a dynamic industrial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $665,000
- 6.5%
- $595,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $750,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $615,000
- Mixed-Use
- $610,000
- Hospitality
- $730,000
- Educational
- $640,000
- Residential Income
- $755,000
- Energy
- $610,000
- Income-Based Land
- $650,000
- Food Service
- $595,000
Location Insight
- Map
- Local Demand
- City
- Noblesville
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.006
- Latitude
- 40.0106
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA