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    Property profile & analytics
    OFF-MARKET Estimated value $1,210,000
    Warehouses

    1207 Northfield Dr, Brownsburg, IN 46112-2426

    65,600 SF 4 ac lot Built 2008
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US31-0906701
    Property summary
    AI-generated overview

    This exceptional single-tenant office and warehouse space, located in Eaglepoint Business Park within Hendricks County, offers 66,000 square feet of versatile commercial space. The property boasts a traditional office layout with a substantial 20-foot ceiling height, ideal for various business needs. The warehouse area features efficient column spacing of 41'6" x 50', along with six dock-high doors and two drive-in doors (measuring 12' x 14'). The space is fully climate-controlled and equipped with a wet sprinkler system, covering over 1,500 square feet with a .20 remote. Power is robust, with 2400 amps and 480-volt 3-phase service available. The property is ready for occupancy on April 1st, 2025. Real estate taxes for 2023, payable in 2024, are $1.20 per square foot. The asking lease rate is $7.85 per square foot, NNN. A separate 2,700 square foot office area is also included. This property presents a significant opportunity for businesses seeking a large, well-equipped space in a desirable location. The combination of ample space, high ceilings, robust power, and convenient loading features makes this an attractive option for a variety of commercial uses.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2008
    Construction TYPE NOT SPECIFIED
    Total area 65,600 SF
    Lot 4 ac (174,240 SF)
    APN 32-07-12-482-001.000-016
    UPID US31-0906701
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.00M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.42M
    Blend (final) Blend
    $1.21M
    Owner & transaction history
    MARVIN TERRY VANCE
    MARVIN TERRY VANCE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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