Technical
Financial
Distress signals
Property profile

225 Industrial Dr Franklin, IN 46131

OFF-MARKET
Manufacturing properties
Property ID
US31-0475470
24,077 SF 1.54 ac lot Built 1965
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 22,996-square-foot industrial building on a 1.54-acre lot. Constructed in 1965, it features metal construction and a metal roof and is zoned IG (industrial general), supporting a range of industrial uses. Approximately 4,405 square feet of the building is dedicated to office space. The warehouse area has seven drive-in doors with varying clear heights: one 16-foot tall door, three 14-foot tall doors, two 12-foot tall doors, and one 8.5-foot tall door. Interior clear heights vary from 10 to 20 feet, and a 3-ton crane is installed.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1965
Construction TYPE NOT SPECIFIED
Total area 24,077 SF
Lot 1.54 ac (67,257 SF)
APN 41-08-03-042-053.000-009
UPID US31-0475470

Cap rate & NOI

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

Location

225 Industrial Dr Franklin, IN 46131-9761
Franklin metro Census 610802 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2015
5 recorded transactions
2024
Price N/A
2015
Price N/A
2010
Price N/A
2007
Price N/A
2007
$386,250

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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