756 International Dr Franklin, IN 46131-9733
- Warehouses
- 3,700 SF
- 0.85 lot acres
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
-
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
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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