Property profile

756 International Dr Franklin, IN 46131

OFF-MARKET
Warehouses
Property ID
US31-1272439
3,700 SF 0.85 ac lot Built 1989
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction WOOD
Total area 3,700 SF
Lot 0.85 ac (36,939 SF)
APN 41-08-03-011-006.002-009
UPID US31-1272439

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

756 International Dr Franklin, IN 46131-9733
Franklin metro Census 610802 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2010
3 recorded transactions
2010
Price N/A
2008
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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