Property profile

101 Commerce Dr Danville, IN 46122

OFF-MARKET
Warehouses
Property ID
US31-0736772
12,000 SF 1.4 ac lot Built 1996
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 101 Commerce Drive in Danville, Indiana (zip code 46122), offers 12,000 square feet of versatile flex space, perfectly suited for distribution or warehouse operations. Situated on a 1.4-acre lot, the single-story building boasts an impressive 18-foot ceiling height, providing ample storage and operational flexibility. Built in 1996 and extensively renovated in 2024, this property is in excellent condition. The convenient location in the Avon submarket offers easy access to major transportation routes. The property features one loading dock with one dock-high door, supplemented by three drive-in doors for efficient loading and unloading. Ample parking is available with 50+ spaces. The building is served by 480-amp power. The zoning is I-2. The property's frontage measures 70 feet. Annual property taxes are $1.15 per square foot. This single-tenant property presents a rare opportunity to acquire a high-quality industrial space in a desirable location. Don't miss this chance to secure a well-maintained, modern facility with excellent features and ample space for your business needs.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Construction TYPE NOT SPECIFIED
Total area 12,000 SF
Lot 1.4 ac (60,984 SF)
APN 32-11-12-233-012.000-003
UPID US31-0736772

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer

Location

101 Commerce Dr Danville, IN 46122-7975
Danville metro Census 210502 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2024
Price N/A
2013
Price N/A
2011
$300,000
2005
Price N/A

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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