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Property profile & analytics
FOR SALE
Manufacturing properties

1450 Commerce Pkwy Franklin, IN 46131

133,820 SF 32.6 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
Property ID
US31-0513661
Property summary
AI-generated overview

This exceptional 178,060-square-foot industrial property, located in Johnson County's thriving industrial hub, presents a significant investment opportunity. The single-tenant building, constructed in 1994, features a steel-framed metal panel structure with a durable standing seam metal roof. The 32.6-acre site offers ample parking (170 spaces) and approximately 15 acres of excess land for future expansion. The building boasts approximately 158,000 square feet of warehouse space and 20,000 square feet of office space. Warehouse features include a clear height ranging from 20 to 25 feet (up to 20 feet under crane operations), flexible column spacing (40-52 feet), eight loading docks with manual levelers and dock locks, and two drive-in doors. The property benefits from a robust 8,000-amp electrical capacity (two 4,000-amp services), T5 and T12 lighting, and three crane spans with varying lengths and capacities. Its General Industrial (IG) zoning allows for diverse manufacturing and industrial uses. The prime location offers easy access to Interstates 65 and US Route 31, providing seamless connectivity to Interstate 465, Indianapolis International Airport, and the broader metro area. This property is ideally suited for businesses seeking efficient, high-capacity manufacturing and warehouse space in a strategic location within a strong industrial market. The APN is 41-08-11-043-001.000-009.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1994
Construction TYPE NOT SPECIFIED
Total area 133,820 SF
Lot 32.6 ac (1,420,056 SF)
APN 41-08-11-043-001.000-009
UPID US31-0513661
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.17M
Owner & transaction history
Ecre1 Sbc Reo 1162954 LLC
Ecre1 Sbc Reo 1162954 LLC
since 2026
5 recorded transactions
2026
$1.0M
2017
Price N/A
2011
$8.3M
2008
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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