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    3248 Distribution Way Greenfield, IN 46140-6619
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    Property profile & analytics

    3248 Distribution Way Greenfield, IN 46140-6619


    • Warehouses
    • 439,040 SF
    • 31.70 lot acres
    Off-Market
    Property ID
    US31-2899589
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $10,790,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3248 Distribution Way

    Year built
    2019
    Construction
    TYPE NOT SPECIFIED
    Lot size
    31.70 lot acres
    Property size
    439,040 SF
    Property type
    Warehouses
    APN
    30-06-18-401-003.000-006
    APU
    300618401003000006

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $13,540,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $17,375,000
      Change: +28% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hancock
    State
    Indiana
    Longitude
    -85.9071
    Latitude
    39.8303
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $206,856
    $6,468,000
    $22,912,300
    $29,380,300
    -
    $6,468,000
    $22,912,300
    $29,380,300
    More about this property
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