3248 Distribution Way, Greenfield, IN 46140-6619
This exceptional industrial property, Velocity 70 Trade Center, offers a state-of-the-art, newly constructed bulk distribution facility totaling 439,153 square feet. Currently, 219,520 square feet is available for lease, including 1,878 square feet of office space. The warehouse boasts a substantial 36-foot clear height, providing ample vertical storage capacity. Loading and unloading are efficient with 32 loading docks equipped with lights, fans, levelers, and windows, complemented by 2 drive-in doors. The property features significant on-site parking for both automobiles and trailers, enhancing operational convenience. Security is prioritized with a fenced and gated northern truck court, further secured by a guard shack. Power is robust, supplied by (2) 480V, 800 amp services. The property sits on 27.98 acres of land and is zoned IG (Industrial General), benefiting from a current real estate tax abatement. Its strategic location provides immediate access to Interstate 70, ensuring seamless transportation and logistics. The area also offers a strong workforce pool, making it an ideal location for businesses seeking efficient operations and a skilled workforce. This is a rare opportunity to secure a modern, high-quality warehouse space in a prime location.
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.