4380 Sellers St, Indianapolis, IN 46226-7107
- Manufacturing properties
- 10,080 SF
- 1.24 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 4380 Sellers St
- Year built
- 1988
- Construction
- METAL FRAME
- Lot size
- 1.24 lot acres
- Zone code
- ZO01
- Property type
- Manufacturing properties
- APN
- 49-07-13-116-004.000-407
- APU
- 490713116004000407
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 21, 2023 | — | Irp II LLC | Pd Realty LLC | Special Warranty Deed | $1.8M · Indiana Members Cu |
| Mar 14, 2018 | — | Pd Realty LLC | — | Deed · related | $1.5M · Lake City Bank |
| Jul 16, 2015 | — | Pd Realty LLC | Investment Strategies Of Indianapol | Warranty Deed | $350k · Mutual Bank Fsb |
Description
This ±12,540 square foot industrial building presents a unique opportunity for businesses seeking versatile space in a prime location. Situated at 4380 Sellers Street in Indianapolis, Indiana, 46226, this single-tenant property offers immediate access to I-465, ensuring efficient transportation and logistics. The building boasts a flexible layout suitable for various industrial uses, including warehouse, manufacturing, distribution, flex space, or research and development (R&D), as designated by its I-3 zoning. The high ceilings, ranging from 16 to 18 feet, provide ample vertical space for storage and operations. Loading and unloading are facilitated by one loading dock and two drive-in doors. The property also includes valuable outdoor storage space, expanding operational capabilities. Power is provided by a robust 400-amp, 240-volt, 3-phase electrical system. The entire 12,540 square feet is currently vacant, offering immediate occupancy for a new tenant. The property sits on a 1.24-acre lot, providing ample space for expansion or additional outdoor storage needs. This is an exceptional opportunity to secure a well-located, versatile industrial space with significant potential. The property's strategic location and functional design make it an ideal choice for a variety of industrial businesses.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $444,000
Market price range: $154k - $514k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $630,000 Current use
- AUTO REPAIR, GARAGE
- $805,000 Change: +28% Conversion: Easy
- COMMERCIAL (GENERAL)
- $755,000 Change: +20% Conversion: Difficult
- RETAIL STORES
- $755,000 Change: +20% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.0352
- Latitude
- 39.8353
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
