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Property profile & analytics
OFF-MARKET
Industrial properties

10556 County Rd 251st S Indianapolis, IN 46231-2919

5,700 SF 0.81 ac lot Built 2004
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US31-0727880
Property summary
AI-generated overview

This exceptional 6,300-square-foot flex space industrial building in Indianapolis, Indiana, presents a compelling investment opportunity. Located at 10556 County Rd 251 S, in Hendricks County, and boasting a 2004 construction date, this single-story building sits on a generous 2.3-acre lot. The property features a 20-foot ceiling height, providing ample vertical space for various uses. The building's layout includes a well-appointed 900-square-foot office area, complete with two private offices, a copier room, a private restroom, and an open workspace, ideal for administrative functions or a small office team. Access to the expansive warehouse space is facilitated by two oversized overhead doors, allowing for easy loading and unloading of goods and materials. The property also includes two convenient parking lots, ensuring ample space for employees and visitors. The asking price is $1,999,143, translating to a price per square foot of $317.32. The property is zoned GB, offering flexibility for a range of industrial and commercial uses. This turnkey property is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained, strategically located industrial building in a thriving market. The combination of office and warehouse space, along with the ample parking and convenient location, makes this an ideal property for a variety of businesses.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2004
Construction WOOD
Total area 5,700 SF
Lot 0.81 ac (35,284 SF)
APN 32-09-20-400-035.000-027
UPID US31-0727880
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
Current use
Occupant on record · Public records
  • A & C Trucking Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chayse Investments LLC · 15 yrs held
Chayse Investments LLC
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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