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3450 Scott Dr Columbus, IN 47201

Warehouses Google Maps
11,460 SF 1.25 ac lot Built 1990
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US31-1469912

Property summary

AI-generated overview

This exceptional industrial property, located at 3450 Scott Dr. Suite B, offers a versatile warehouse and flex space totaling 11,400 square feet. The building, constructed in 1990 and renovated in 2021, is classified as Class C and sits on a 1.25-acre lot. Currently, 7,000 square feet of space is available for lease, divisible to a minimum of 7,000 square feet, with a maximum contiguous space of 11,400 square feet. The property features attractive ceiling heights of 12 and 14 feet, providing ample vertical space for various uses. Loading and unloading are facilitated by one loading dock and one dock-high door, complemented by one drive-in door. Ample parking is available with 20 spaces. The property boasts a convenient location, approximately two minutes from US 31 and six miles south of I-65 Exit 76, offering easy access to major transportation routes. The zoning is designated as Industrial Warehouse (APN: 03-95-14-120-000.108-005), and the property taxes are $0.60 per square foot. Internal features include two restrooms, a small utility room, and a 10' x 20' office space. The property's previous uses include a tool shop, automotive repair facility, and a U-Haul dealership, demonstrating its adaptability to a range of businesses. The property is served by 3-phase power. Cross streets are Indianapolis Rd. and Scott Dr. This is an excellent opportunity for businesses seeking a well-located, functional, and adaptable industrial space.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 11,460 SF
Lot 1.25 ac (54,450 SF)
APN 03-95-14-120-000.108-005
UPID US31-1469912

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Rental Facility
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2019
1 recorded transaction
2019
$325,000

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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More about this property
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