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    OFF-MARKET
    Commercial land

    137 Production Dr, Avon, IN 46123-7082

    0.2 ac lot
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US31-0785264
    Property summary
    AI-generated overview

    This exceptional Avon, Indiana industrial property presents a compelling owner-user or investment opportunity. The complex encompasses three buildings totaling 16,842 square feet on a 2.15-acre lot, with an additional acre of land available for expansion or outdoor storage. The main building, approximately 13,194 square feet, features a flexible layout with roughly 7,784 square feet of custom office space (4,136 square feet on the main level and 3,648 square feet on the second level) and 4,900 square feet of warehouse space. Two additional warehouse buildings provide an extra 3,648 square feet (2,304 and 1,344 square feet respectively). The property boasts a 16-foot ceiling height and one loading dock. Zoned I-2, it offers 24-hour access. Conveniently located off Rockville Rd./US 36, it's less than a mile from downtown Avon, four miles from I-465, and 13 miles from downtown Indianapolis. The property is classified as Class B, with multiple tenancies, and is available for occupancy on March 1, 2024. The asking price is $2,200,000, translating to $130.63 per square foot. This prime location in the growing Avon suburb offers easy access to major state roads, interstates, and the Indianapolis International Airport. This versatile property is perfect for a business seeking both office and warehouse space, with expansion potential.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.2 ac (8,712 SF)
    APN 32-10-11-220-008.000-031
    UPID US31-0785264
    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
    • U.S. Enzyme Big Box & Wholesale Store
    • American Mold Experts Waste Management Facility Hazardous Waste Disposal
    • Environmental Assurance Co Inc Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Production Dr 137 LLC · 8 yrs held
    Production Dr 137 LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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