Technical
Financial
Distress signals
Property profile

7601 88th Pl Indianapolis, IN 46256

OFF-MARKET
Manufacturing properties
Property ID
US31-3232189
40,175 SF 3.49 ac lot Built 1976
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 30,000-square-foot Class C warehouse, built in 1976, presents a significant opportunity for businesses seeking a strategic location in Indianapolis, Indiana. The property is situated at 7601 E 88th Pl, Indianapolis, IN 46256, offering single-tenant occupancy. Its ideal location provides immediate access to Interstates 69 and 465, ensuring efficient transportation and logistics. The property's proximity to the thriving Fishers, IN area, as well as convenient access to Castleton Square and The Fashion Mall at Keystone, offers employees a wealth of nearby amenities. The warehouse itself boasts ample space, multiple loading docks designed for efficient operations, and substantial office space. The office area includes a dedicated conference room and a two-story layout, providing flexibility for various business needs. The property is well-suited for industrial, manufacturing, and distribution companies seeking a location with superior connectivity, ample power, and high-quality amenities. The entire 30,000 square feet is currently vacant, making it an ideal space for immediate occupancy. This property represents a rare opportunity to secure a well-located, functional warehouse in a rapidly growing area.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1976
Construction TYPE NOT SPECIFIED
Total area 40,175 SF
Lot 3.49 ac (151,807 SF)
Zoning code ZO01
APN 49-02-14-111-036.000-400
UPID US31-3232189

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Metal Fabrication Plant Industrial Manufacturer
  • Industrial Manufacturer Production Facility
  • HVAC Service General Contractor
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility

Location

7601 88th Pl Indianapolis, IN 46256-1299
Indianapolis metro Census 330103 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$740k

Owner & transaction history

Zoning & alternative use

ZO01 · Indianapolis, IN

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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