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Property profile & analytics
OFF-MARKET
Warehouses

2950 Hanna Ave Indianapolis, IN 46227

18,200 SF 1.86 ac lot
Property ID
US31-0994825
Property summary
AI-generated overview

This exceptional Indianapolis industrial property, located at 2950 E Hanna Ave, offers a unique investment opportunity. The complex comprises three buildings totaling 18,200 square feet on a 1.86-acre lot, zoned C-1. The main building boasts 15,786 square feet of climate-controlled space, featuring a blend of warehouse and office areas. The warehouse section offers ceiling heights ranging from 16 to 22 feet, equipped with two grade-level dock doors and two drive-in doors (measuring 12' x 12' and 12' x 14'). The office space adds 8,186 square feet to the main building. A secondary warehouse building provides an additional 2,414 square feet of storage, with ceiling heights of 10 to 15 feet, one drive-in door (10' x 10'), one grade-level dock, and a ramp with a 10' x 10' drive-in door. The property also includes a 3,113-square-foot single-family residence and a 0.41-acre parcel offering potential for expansion. The property features three dock-high doors across the buildings and boasts ceiling heights ranging from 10 to 26 feet. Currently, there is income in place from existing tenants in the main building and the single-family residence. This NNN-leased multi-tenant property presents a compelling opportunity for owner-occupancy or continued income generation. The property's location in Marion County, Indiana, and its versatile layout make it ideal for a variety of industrial and flex uses. The property's APN is 49-10-29-112-002.000-574.

Property profile
Verified
Property type Warehouses
Total area 18,200 SF
Lot 1.86 ac (81,022 SF)
UPID US31-0994825
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
Current use
Occupant on record · Public records
  • Forge Excavation General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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