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    FOR LEASE
    Warehouses

    1001 Country Club Rd, Indianapolis, IN 46234

    28,320 SF 8.11 ac lot Built 1986
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US31-0904208
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Jordan Pennwood I & II LLC · 5 yrs held
    Jordan Pennwood I & II LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.3M +96.5%
    Commercial (general) $2.1M +84.8%
    Retail stores $2.1M +84.4%
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    More about this property
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