3308 Emerson AveBeech Grove, IN 46107

  • Other commercial real estate
  • 8,000 SF
For Lease
$10.20/SF/YR View listing

Property Details for 3308 Emerson Ave

Year built
1967
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
8,000 SF
Zone code
ZO01
Property type
Other commercial real estate
APN
49-10-28-113-074.000-502
APU
491028113074000502

Description

This 8,000 square foot warehouse is ideally situated on a major highway, benefiting from high traffic volume. The property is zoned for industrial use and features a single tenancy setup, making it perfect for a variety of businesses. The building's classification is industrial, specifically a warehouse, offering ample space for storage and operations. Its single-tenant occupancy ensures exclusive use and control of the entire facility. The strategic highway location provides excellent accessibility and visibility, crucial for attracting customers and streamlining logistics. This presents a significant advantage for businesses requiring easy access to transportation networks. The property's zoning designation as "Industrial" confirms its suitability for various industrial activities, including warehousing, manufacturing, or distribution. The substantial square footage provides ample room for inventory, equipment, and operations. This warehouse offers a compelling opportunity for businesses seeking a well-located, functional space to support their growth and operational needs. The high traffic count on the adjacent highway translates to increased brand visibility and potential customer reach. The single-tenant structure simplifies management and eliminates the complexities associated with multi-tenant properties. This property is an excellent choice for businesses seeking a strategic location and ample space for their operations. The combination of size, location, and zoning makes this an attractive investment opportunity in a thriving industrial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,190,180
    Hospitality
    $1,090,198
    Educational
    $907,032
    Medical
    $938,227
    Retail
    $1,410,939
3308 Emerson Ave, Beech Grove, Indiana

Location Insight

City
Beech Grove
County
Marion
State
Indiana
Latitude
39.7187
Longitude
-86.083
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
$4,213
$46,800
$64,400
$111,200
-
$46,800
$64,400
$111,200

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