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    1148 Dilts St Chesterfield, IN 46017-1048
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    1148 Dilts St Chesterfield, IN 46017-1048


    • Warehouses
    • 12,390 SF
    • 2.16 lot acres
    Off-Market
    Last Sale Nov 21, 2023
    Property ID
    US31-0581623
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,025,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1148 Dilts St

    Year built
    1982
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.16 lot acres
    Property size
    12,390 SF
    Property type
    Warehouses
    APN
    48-12-10-200-013.000-035
    APU
    481210200013000035

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,035,000
      6.5%
      $955,000
      7%
      $890,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,096,000
      Market price range: $251k - $1.20M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $710,000
      Current use
      RESTAURANT
      $1,180,000
      Change: +67% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,070,000
      Change: +51% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,040,000
      Change: +47% Conversion: Easy
      MEDICAL BUILDING
      $880,000
      Change: +24% Conversion: Difficult
      RETAIL STORES
      $875,000
      Change: +24% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Madison
    State
    Indiana
    Longitude
    -85.6122
    Latitude
    40.1158
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,978
    $108,200
    $385,400
    $493,600
    -
    $108,200
    $385,400
    $493,600
    More about this property
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