7337 Washington StIndianapolis, IN 46231

Property Details for 7337 Washington St

Year built

1977

Construction

WOOD

Lot size

4.00 AC

Property size (Sq ft)

70,803 SF

Zone code

ZO01

Property type

Office properties

Property subtype

Other office properties

APN

49-12-15-110-019.000-900

APU

491215110019000900

Description

This exceptional industrial property, located at 7337 W Washington St, Indianapolis, IN 46231, offers a significant opportunity for businesses seeking warehouse or distribution space. The property boasts a total building area of 72,347 square feet, situated on a generous 8.32 acres of land. Currently, a substantial 67,082 square feet is available for lease, offering flexibility for various business needs. The minimum divisible space is 14,366 square feet, while the maximum contiguous space available is 67,082 square feet, catering to both smaller and larger operations. The property is zoned I-3, ensuring suitability for a wide range of industrial uses. Convenient access is provided by two drive-in doors, streamlining loading and unloading operations. This multi-tenant building presents a unique opportunity to establish a presence in a prime Indianapolis location within Marion County. The property's size and layout offer significant potential for customization and expansion, making it an ideal choice for businesses seeking a strategic location with ample space. Contact us today to learn more about leasing options and explore the possibilities this exceptional warehouse space offers.

• CAP approach

  CAP return

  Valuation

  6%

  $8,733,871

  6.5%

  $8,062,035

  7%

  $7,486,176

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,094,722

  Geo Method

  $6,094,722

• Alternative Use

  Use

  Valuation

  Residential

  $9,996,924

  Hospitality

  $9,157,128

  Educational

  $7,618,624

  Medical

  $7,880,640

  Retail

  $11,851,192

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7393

Longitude

-86.2912

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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