4001 Minnesota St Indianapolis, IN 46241-4004
This exceptional 10,000-square-foot cold storage warehouse, located at 4001 W Minnesota St, Indianapolis, IN 46241, presents a unique opportunity. Built in 1967 and extensively renovated in 2024, this Class B industrial property boasts a single-story building with a 20-foot ceiling height. The facility features four loading docks and four dock-high doors, ensuring efficient loading and unloading. Ample auto and trailer parking is available on-site. Currently fully vacant, this space is zoned I-3 (Heavy Industrial) and offers a flexible layout. The property maintains a consistent temperature between 35 and 37 degrees Fahrenheit, ideal for cold storage operations. The owner is willing to work with qualified tenants on lease terms that include the installation of a demising wall and the construction of office space and restrooms. Its strategic Southwest Indianapolis location provides convenient access to downtown Indianapolis and the Indianapolis International Airport. This is a rare opportunity to secure a fully renovated, well-equipped cold storage facility in a prime location.
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Hanzo Corporate Office
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
ZO01 · Indianapolis, INCosts & 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.