4444 Decatur BlvdIndianapolis, IN 46241

Property Details for 4444 Decatur Blvd

Year built

2000

Construction

TYPE NOT SPECIFIED

Lot size

2.85 AC

Property size (Sq ft)

31,182 SF

Zone code

ZO01

Property type

Retail properties

Property subtype

Retail space

APN

49-12-35-108-002.000-200

APU

491235108002000200

Description

This exceptional flex space, located at 4444 Decatur Blvd in Indianapolis, Indiana, offers 2,350 square feet of versatile industrial space within the thriving Ameriplex Business Park. The property is part of a larger 31,169 square foot multi-tenant industrial building situated in Marion County, zip code 46241. Its convenient location provides easy access to Interstate 465, ensuring seamless transportation throughout the Indianapolis metropolitan area. The building's strategic placement offers high visibility and accessibility, benefiting from significant traffic flow within the business park. Tenants will appreciate the proximity to downtown Indianapolis, reachable within a ten-minute commute. This property is ideal for businesses seeking a functional and well-connected space to support their operations. The available unit offers a flexible layout adaptable to a variety of industrial and office needs. The property type is classified as industrial, with a flex subtype, reflecting its adaptability to diverse business requirements. This presents a unique opportunity for businesses seeking a strategic location within a dynamic and established industrial park. The property's address is 4444 Decatur Blvd, Indianapolis, IN 46241. Interested parties are encouraged to inquire for further details and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $5,654,268

  6.5%

  $5,219,325

  7%

  $4,846,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,764,050

  Geo Method

  $6,764,050

• Alternative Use

  Use

  Valuation

  Residential

  $4,402,696

  Hospitality

  $4,032,846

  Educational

  $3,355,280

  Medical

  $3,470,674

  Retail

  $5,219,325

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.6991

Longitude

-86.2794

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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