20221 Grassy Branch RdWestfield, IN 46074

  • Commercial land
  • 12.92 AC

Property Details for 20221 Grassy Branch Rd

Lot size
12.92 AC
Property type
Commercial land
APN
29-06-20-000-001.142-015
APU
290620000001142015

Description

This exceptional 159,850-square-foot warehouse, located at 20221 Grassy Branch Rd in Westfield, Indiana, presents a significant opportunity for industrial tenants. Situated on a spacious 12.92-acre lot, this single-tenant property boasts 16 dock-high doors and 4 drive-in doors, ensuring efficient loading and unloading operations. The building's ample parking accommodates 120 vehicles, providing convenient access for employees and visitors. The property is zoned PUD (Planned Unit Development), offering flexibility for various industrial uses. The entire 159,850 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Located in Hamilton County, Indiana, with a Westfield address and a 46074 zip code, this property offers excellent access to major transportation routes, making it an ideal location for distribution and logistics operations. The property's size and features make it suitable for a wide range of industrial businesses seeking a substantial and well-equipped warehouse space. This is a rare opportunity to lease a large, modern warehouse in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $80,222,640
    Hospitality
    $73,483,512
    Educational
    $61,137,416
    Medical
    $63,240,028
    Retail
    $95,102,648

Location Insight

City
Westfield
County
Hamilton
State
Indiana
Latitude
40.0822
Longitude
-86.1077
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
$581
$19,400
-
$19,400
-
$19,400
-
$19,400

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