1761 Sherman DrIndianapolis, IN 46218

  • Industrial properties
  • 27,824 SF
For Lease
$9/SF/YR View listing

Property Details for 1761 Sherman Dr

Year built
1956
Construction
TYPE NOT SPECIFIED
Lot size
21.26 AC
Property size (Sq ft)
27,824 SF
Property type
Industrial properties
Property subtype
Other 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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,142,324
    Hospitality
    $3,794,346
    Educational
    $3,156,852
    Medical
    $3,265,421
    Retail
    $4,910,658
1761 Sherman Dr, Indianapolis, Indiana
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Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7904
Longitude
-86.1003
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

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