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Property profile & analytics

756 International Dr Franklin, IN 46131-9733

  • Warehouses
  • 3,700 SF
  • 0.85 lot acres
OFF-MARKET
Value Estimations
$265,000
Show details
Cap Rate Potential
7.6%
Warehouses
Location Intelligence
Property ID
US31-1272439
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 756 International Dr

Year built
1989
Construction
WOOD
Lot size
0.85 lot acres
Property size
3,700 SF
Property type
Warehouses
APN
41-08-03-011-006.002-009
APU
410803011006002009

Description

This exceptional 3,720-square-foot flex space in Franklin, Indiana, presents a unique opportunity for businesses seeking a versatile and strategically located property. The single-tenant building, constructed in 1989, boasts a blend of office and industrial space, ideal for a variety of uses. The property features approximately 2,500 square feet of warehouse space, equipped with one 8-foot dock-high door and one 12-foot high-level drive-in door, facilitating efficient loading and unloading. A mezzanine level within the warehouse adds extra storage or workspace. The attached office area includes multiple private offices and restrooms, providing a comfortable and functional environment for administrative tasks. Situated on nearly an acre of land, the property offers ample outdoor space, currently landscaped with a fenced-in grassy area. Seven parking spaces are available for employees and clients. The building is conveniently located off International Drive, near the intersection of Earlywood and US31, providing easy access to Highway 65 South, downtown Indianapolis (approximately 15 minutes away), and Indianapolis International Airport (approximately 30 minutes away). The property is zoned CI and has a Class C rating. The building is a single-story structure with 2 drive-in doors and a 200-amp power supply. This property offers a compelling combination of functionality, location, and accessibility, making it an attractive option for a wide range of businesses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $265,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $335,000
    6.5%
    $310,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $217,000
    Market price range: $217k - $614k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $345,000
    Current use
    COMMERCIAL (GENERAL)
    $350,000
    Change: +1% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Franklin
County
Johnson
State
Indiana
Longitude
-86.0688
Latitude
39.5198
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
$3,198
$62,400
$48,000
$110,400
-
$62,400
$48,000
$110,400
More about this property
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