1551 Amy Ln Franklin, IN 46131-1561
This exceptional investment opportunity presents a 9,600-square-foot light industrial flex building situated on a 1.04-acre lot in Franklin, Indiana. Constructed in 2022, the Class B property boasts a single-story design with 26 parking spaces. Currently housing four tenants, this multi-tenant building offers a net rentable area of 2,400 square feet per unit. The building features an impressive 18-foot ceiling height, ideal for various industrial and flex uses. Its zoning designation is Industrial Light, providing flexibility for a range of businesses. The property's prime location near Interstate 65 ensures convenient access to major transportation routes, a significant advantage in today's competitive market. With zero loading docks, this property is well-suited for businesses with minimal shipping and receiving needs. The asking price for this exceptional investment is $1,950,000. This represents a rare opportunity to acquire a well-maintained, high-demand property in a thriving location. The current occupancy rate presents immediate income potential, while the strategic location and flexible space ensure long-term value and growth. Don't miss this chance to secure a valuable asset in the dynamic Franklin, Indiana market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.