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Property profile & analytics

512 Herriman Ct Noblesville, IN 46060

  • Warehouses
  • 5,760 SF
  • 1.30 lot acres
Value Estimation
$725,000
Last Sale
May 01, 2024
$750,000
Location Intelligence
Property ID
US31-1164106
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,035
$234,000
$248,400
$482,400
-
$234,000
$248,400
$482,400
More about this property
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