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3747 Morris St Indianapolis, IN 46241-2705

OFF-MARKET Truck terminals Google Maps
41,600 SF 14.7 ac lot Built 1961
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$780k
Range $702k – $858k (±10%)
Property ID US31-0828862

Property summary

AI-generated overview

This exceptional industrial warehouse space, part of the Premier Indianapolis Truck Terminal, offers 9,600 square feet of immediately available space within a larger 34,800 square foot building. Located at 3747 W Morris St, Indianapolis, IN 46241, in Marion County, this property boasts a convenient location and is zoned I-4. The warehouse features a 14-foot ceiling height, providing ample vertical space for storage and operations. Twenty dock-high doors ensure efficient loading and unloading of goods, streamlining your logistics. The property also includes 20 total parking spaces for employees and visitors. The building is currently under multiple tenancy, offering a dynamic and collaborative environment. This is an ideal space for businesses requiring substantial storage capacity and easy access to major transportation routes. The available 9,600 square feet presents a unique opportunity to establish or expand your operations in a prime Indianapolis location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1961
Construction TYPE NOT SPECIFIED
Total area 41,600 SF
Lot 14.7 ac (640,419 SF)
APN 49-11-17-101-006.000-900
UPID US31-0828862

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
  • Trucking Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$836k
Blend (final) Blend
$780k

Owner & transaction history

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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