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    FOR LEASE
    Warehouses

    512 Herriman Ct, Noblesville, IN 46060

    5,760 SF 1.3 ac lot Built 1993
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US31-1164106
    Property summary
    AI-generated overview

    This exceptional 2,000-square-foot warehouse space in Noblesville, Indiana, presents a unique opportunity for businesses seeking a functional and adaptable industrial property. Located at 512 Herriman Ct, 46060, this single-tenant warehouse offers a prime location within a thriving industrial area, providing convenient access to major transportation routes and logistical centers. The property's design prioritizes flexibility, allowing for customization to meet specific operational requirements. Whether your business needs a ready-to-occupy space or a build-to-suit solution, this warehouse offers the potential to optimize your workflow and enhance your operational efficiency. The "as-is" condition allows for immediate occupancy, while the build-to-suit option provides the opportunity to tailor the space to your exact specifications. This property is classified as industrial, with a warehouse subtype, and is situated in Noblesville, Indiana, offering a strategic location for businesses seeking seamless transportation and distribution capabilities. The property's precise coordinates are latitude 40.0106332 and longitude -86.0061992. This presents a compelling opportunity for businesses seeking a well-located, adaptable warehouse space in a dynamic industrial area.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1993
    Construction TYPE NOT SPECIFIED
    Total area 5,760 SF
    Lot 1.3 ac (56,628 SF)
    APN 29-11-18-000-004.017-013
    UPID US31-1164106
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Schwan Food Co Grocery & Convenience Store Food Market
    • Tony's Red Baron Pizza Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $750k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $750k
    Owner & transaction history
    Birkur LLC · 2 yrs held
    Birkur LLC
    since 2024
    Last sale
    $750,000
    3 recorded transactions
    2024
    2024
    $750,000
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $870,000 +4.5%
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    More about this property
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