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    Property profile & analytics
    OFF-MARKET Estimated value $4,335,000
    Warehouses

    14450 Mundy Dr, Noblesville, IN 46060-7222

    66,469 SF 8.38 ac lot Built 2003
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-0784180
    Property summary
    AI-generated overview

    This exceptional Class A retail property, totaling 66,469 square feet, boasts a 7.10% cap rate and is fully leased to Crunch Fitness and Urban Air Adventure Park. Located in Noblesville, Indiana, at the intersection of Rt 37 & 146th, this prime location benefits from high visibility and accessibility, situated near major retailers such as Costco and numerous corporate campuses. The single-story building, constructed in 2003 and extensively renovated in 2024, sits on an 11.45-acre lot and offers 323 parking spaces. Both tenants are franchisees with long-term leases extending to December 31, 2033, providing a stable income stream. The property's strong financial performance is reflected in its $781,000 NOI and $11,000,000 asking price, translating to a price per square foot of $165.49. The property is zoned C-1 and offers a compelling investment opportunity for those seeking a high-performing, multi-tenant retail asset in a thriving Indiana market. This core investment features a multi-tenant occupancy of 100% and provides a secure, long-term investment prospect. The property's strategic location within the rapidly growing Noblesville area, near Carmel and Fishers, ensures continued high demand and strong rental income potential.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2003
    Construction TYPE NOT SPECIFIED
    Total area 66,469 SF
    Lot 8.38 ac (365,033 SF)
    APN 29-11-19-039-004.000-019
    UPID US31-0784180
    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
    • Urban Air Trampoline and Adventure Park Arcade & Gaming Center Family Recreation Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.72M
    Comparable Approach Comparable
    $3.01M
    Blend (final) Blend
    $4.34M
    Owner & transaction history
    Gib Rich Investments LLC · 1 yrs held
    Gib Rich Investments LLC
    since 2024
    5 recorded transactions
    2025
    2024
    2023
    2017
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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