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Property profile & analytics

5315 Minnesota St Indianapolis, IN 46241-3817

  • Warehouses
  • 35,352 SF
  • 3.18 lot acres
OFF-MARKET
Value Estimations
$610,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-0613665
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 5315 Minnesota St

Year built
1979
Construction
TYPE NOT SPECIFIED
Lot size
3.18 lot acres
Property size
35,352 SF
Property type
Warehouses
APN
49-12-13-116-003.000-900
APU
491213116003000900

Description

This exceptional warehouse space, part of the Park Fletcher Building 16, offers 2,800 square feet of versatile industrial space within a larger 35,200 square foot building. The unit boasts a 14-foot clear ceiling height, ideal for various storage and operational needs. Convenient drive-in loading ensures efficient handling of goods. The property is zoned I-2-S, allowing for a range of industrial uses. Exterior painting was recently completed in 2024, enhancing the building's curb appeal and functionality. Located in the desirable Park Fletcher Business Park, this property benefits from easy access to major transportation arteries, including Interstates 465 and 70. This prime location offers close proximity to downtown Indianapolis and the Indianapolis International Airport, providing excellent logistical advantages for businesses requiring convenient access to transportation hubs and the city center. The building's strategic location within the Park Fletcher Business Park provides a strong foundation for business growth and operational efficiency. This is a rare opportunity to secure a well-maintained, strategically located warehouse space in a thriving industrial area. The available space is part of a larger building, offering potential for expansion or collaboration opportunities.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $630,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $791,000
    Market price range: $792k - $2.25M
    AI Estimate
    $409,000
    Market price range: $409k - $1.04M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.2518
Latitude
39.7427
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,742
$285,700
$333,500
$619,200
-
$285,700
$333,500
$619,200
More about this property
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