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Property profile & analytics
OFF-MARKET Estimated value $2,210,000
Warehouses

11793 Technology Ln Fishers, IN 46038-2889

24,500 SF 2.1 ac lot Built 2002
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US31-1747157
Property summary
AI-generated overview

This exceptional ±31,376 square foot industrial office building, constructed in 2002, offers ±16,234 square feet of immediately available space. The property boasts a desirable single-tenant occupancy and features a 20-foot clear ceiling height, perfect for various industrial and office uses. Loading and unloading is efficient with one loading dock and one drive-in door. The building is equipped with robust 3-phase, 800-amp, 208Y/120-volt power. Approximately 9,434 square feet of the available space is climate-controlled warehouse area, providing versatile storage and operational capabilities. The property is zoned PUD-C, offering flexibility for a range of business types. Located at 11793 Technology Lane in Fishers, Indiana (zip code 46038), this property benefits from an unbeatable amenity base, including nearby lodging, dining, and retail options. Technology Lane itself underwent resurfacing in 2021. The building's location offers convenient proximity to the Nickel Plate District, Municipal Complex, and Nickel Plate Trail. Fishers, Indiana, consistently ranks highly as a desirable location, recognized as the "#1 Place to Live in America" by Money Magazine and the "#1 Fastest Growing Community" by the Kelley School of Business. This presents a unique opportunity to establish a presence in a thriving and highly sought-after community.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 2002
Construction TYPE NOT SPECIFIED
Total area 24,500 SF
Lot 2.1 ac (91,476 SF)
APN 29-11-31-007-002.000-006
UPID US31-1747157
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
  • Nature Brew'd Coffee Cafe & Coffee Shop Specialty Food Shop
  • GIDEO (Bike/Boat/Book/etc) Store Corporate Office
  • Inroads Consultant
  • IMAVEX - Software Consulting for IT and Business (Bike/Boat/Book/etc) Store Corporate Office
  • Stratosphere Quality Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.21M
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$2.21M
Owner & transaction history
Bobby Mac LLC · 13 yrs held
Bobby Mac LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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