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1148 Dilts St Chesterfield, IN 46017-1048

OFF-MARKET Warehouses Google Maps
12,390 SF 2.16 ac lot Built 1982
Entity Owned ~ Est. High Equity
Estimated value (blended)
$325k
Range $293k – $358k (±10%)
Property ID US31-0581623

Property summary

AI-generated overview

This exceptional 13,680-square-foot industrial property, situated on a spacious 2.19-acre lot in Anderson's Chesterfield submarket, presents a unique investment opportunity. The property boasts a versatile design, encompassing manufacturing, flex, warehouse, distribution, and R&D capabilities, making it suitable for a wide range of businesses. The building, constructed in 1980 and renovated in 2010, features two single-story structures with a total of four suites, currently entirely vacant and available for immediate occupancy. The minimum divisible space is 3,000 square feet, while the maximum contiguous space is the entire 13,680 square feet. The property includes six loading docks and two dock-high doors, ensuring efficient loading and unloading operations. Ample parking is provided with 43 spaces. The building features a 22-foot ceiling height and an 85-foot frontage. Utilities include 220 3-phase power. The property is conveniently located just five minutes from I-69, offering easy access to major transportation routes. The property is zoned for industrial use and is located in Madison County. Property taxes are $0.80 per square foot. The fully fenced lot provides enhanced security. This Class C property offers a compelling combination of size, location, and functionality, making it an ideal choice for businesses seeking a versatile and well-equipped industrial space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Construction TYPE NOT SPECIFIED
Total area 12,390 SF
Lot 2.16 ac (94,220 SF)
APN 48-12-10-200-013.000-035
UPID US31-0581623

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$955k
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$325k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2023
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.2M +66.7%
Commercial (general) $1.1M +51.3%
Auto repair, garage $1.0M +47.0%

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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