Property profile

1001 Country Club Rd Indianapolis, IN 46234

FOR LEASE
Warehouses
Property ID
US31-0904208
28,320 SF 8.11 ac lot Built 1986
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional multi-tenant industrial/flex property, located at 1001 Country Club Rd, Indianapolis, IN 46234, offers a total of 89,640 square feet of versatile space. Situated on a meticulously maintained 8.11-acre site, the property boasts convenient access to major interstates I-65, I-70, and I-74 via the western section of the I-465 Indianapolis loop. The property is zoned I-3 and currently features three available units, ranging from a minimum of 4,000 square feet to a maximum contiguous space of 12,000 square feet. Ideal for a variety of businesses seeking high-quality industrial or flex space, this property presents a unique opportunity for growth and expansion. The well-maintained building provides ample space for various industrial and office needs, making it a highly desirable location for companies seeking efficient and accessible operations. The property's strategic location and flexible unit sizes cater to a broad range of business requirements, offering a compelling investment prospect within the thriving Indianapolis market. This is a prime opportunity to secure space in a well-located, well-maintained industrial/flex building with excellent access to major transportation arteries.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 28,320 SF
Lot 8.11 ac (353,271 SF)
APN 49-05-34-100-007.000-900
UPID US31-0904208

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 Country Club Rd Indianapolis, IN 46234
Indianapolis metro Census 340113 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.3M +96.5%
Commercial (general) $2.1M +84.8%
Retail stores $2.1M +84.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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