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Property profile & analytics

1761 Sherman Dr Indianapolis, IN 46218

  • Warehouses
  • 27,824 SF
  • 21.26 lot acres
Value Estimation
Location Intelligence
Property ID
US31-0530004
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

  • Jenkins' Career Corner INC / Association Or Organization
  • NertExtriym LLC / Information Services
  • Lupitas beauty salon / Beauty Salon / Lodging
  • Good Nature Organic Lawn Care Indianapolis / Lawn Care Service / Service Establishment
  • AJ Infinity Stone / Countertop Store

Property Details for 1761 Sherman Dr

Year built
1956
Construction
TYPE NOT SPECIFIED
Lot size
21.26 lot acres
Property size
27,824 SF
Property type
Warehouses
APN
49-07-33-175-008.000-101
APU
490733175008000101

Description

This exceptional industrial property, the Brookside Industrial Centre, presents a unique investment opportunity in Indianapolis, Indiana. Located at 1761 N Sherman Dr, Indianapolis, IN 46218, this expansive 33.95-acre site boasts ten single-story industrial buildings, offering a diverse range of flexible spaces. The property is zoned I-3 and situated in the Indianapolis submarket of Marion County, conveniently located near the intersection of Sherman Drive and 16th Street. Tenants can choose from available spaces ranging from 2,700 square feet to 15,000 square feet, catering to a variety of business needs. Each building features a generous 14-foot ceiling height, providing ample vertical space for storage and operations. The property's multiple-tenancy structure offers flexibility for both individual businesses and larger corporate entities. This prime location in Indianapolis offers excellent access to major transportation routes, making it an ideal choice for distribution and logistics companies. The Brookside Industrial Centre represents a rare opportunity to acquire a substantial industrial portfolio in a thriving market. Contact us today to learn more about the available spaces and explore the potential of this exceptional property.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.1003
Latitude
39.7904
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
$88,107
$1,065,200
$2,590,800
$3,656,000
-
$1,065,200
$2,590,800
$3,656,000
More about this property
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