331 Grand Ave Indianapolis, IN 46219
This exceptional investment opportunity presents a substantial 1,200 square foot pole barn situated on commercial land in Marion County. The structure boasts generous dimensions of 40 feet by 30 feet, providing ample space for a variety of commercial uses. The property features readily available electricity, with the tenant responsible for all associated utility costs. A security deposit is required at lease commencement. This property offers a unique advantage with its flexible lease terms, allowing for adaptable lease lengths to suit individual business needs. The single-tenant occupancy simplifies management and ensures straightforward operations. The property is classified as commercial land with a special purpose designation, making it suitable for a range of commercial ventures. This presents a compelling opportunity for investors seeking a straightforward, adaptable commercial property with a strong potential for return. The property's size and features make it ideal for businesses requiring a sizable, functional space. The flexible lease terms and straightforward tenant responsibilities contribute to a low-maintenance investment. This is a prime opportunity to acquire a well-located, functional commercial property in a desirable Marion County location. The property's size and features make it an attractive option for a variety of commercial uses. The flexible lease terms provide adaptability for various business needs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.