16548 Summer Rd Noblesville, IN 46060-9775
This exceptional Noblesville, Indiana investment opportunity presents a 15,950 square foot flex space property located at 16548 Summer Rd, zip code 46060, Hamilton County. Built in 1955 and extensively renovated in 2023, this versatile property boasts a unique blend of office spaces, flex industrial units, and self-storage solutions, creating multiple revenue streams. The property's A2-(s) - Ag Subdivision zoning allows for diverse uses. The modern office space is adaptable to various professional needs, from startups to established businesses. Its strategic location offers easy access to major roadways, including Highway 37, Highway 38, and I-69, placing it within minutes of the Indianapolis Metropolitan Airport. The property comprises two parcels with four structures, situated in Hamilton County yet conveniently close to Noblesville city utilities at 166th Street. This presents significant potential for future development, including mixed-use projects, townhomes, multifamily dwellings, or even a neighborhood brewery, subject to necessary city/county approvals. This property is an ideal investment for those seeking a high-return asset with adaptability and broad tenant appeal.
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Alfa Cleaning Services Hardware & Home Improvement
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Providence Construction Group, INC Construction Company
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.