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16565 Riv Rd Noblesville, IN 46062-9566

OFF-MARKET Warehouses Google Maps
41,852 SF 10.04 ac lot Built 2005
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$1.06M
Range $950k – $1.16M (±10%)
Property ID US31-0018940

Property summary

AI-generated overview

This exceptional ±23,348 square foot industrial warehouse space, located at 16565 River Road, presents a rare sublease opportunity in Hamilton County. The property boasts a flexible layout, divisible to approximately ±5,200 square feet, allowing for customization to suit various business needs. The warehouse features a generous 35-foot clear height, providing ample vertical space for storage or operations. Loading and unloading are facilitated by three drive-in doors (each measuring 18' x 20') and two dock-high doors, ensuring efficient material handling. Power is robust, with a 2000 amp, 3-phase electrical service. The property is zoned I-2 (Heavy Industrial), a highly desirable designation in this area. Its strategic location offers easy access to I-69, providing excellent connectivity to Indianapolis's interstate system, making it an ideal location for distribution and manufacturing businesses. This is a unique chance to secure a well-equipped, strategically located industrial space with flexible terms. Don't miss this opportunity to establish your business in a prime Hamilton County location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2005
Construction TYPE NOT SPECIFIED
Total area 41,852 SF
Lot 10.04 ac (437,342 SF)
APN 29-10-11-000-005.002-012
UPID US31-0018940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Landscaping General Contractor
  • Agricultural Supply Garden Center
  • Construction Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.97M
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.06M

Owner & transaction history

since 2026
4 recorded transactions
2026
$10.6M
2020
Price N/A
2011
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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