3131 Franklin RdIndianapolis, IN 46226

  • Warehouses
  • 360 SF
For Lease
$5.25/SF/YR View listing

Property Details for 3131 Franklin Rd

Year built
1962
Construction
TYPE NOT SPECIFIED
Lot size
28.61 AC
Property size (Sq ft)
360 SF
Zone code
ZO01
Property type
Warehouses
APN
49-08-19-110-002.000-700
APU
490819110002000700

Description

This exceptional Marion County industrial property, located at 3131 N Franklin Rd, offers a substantial 486,634 square feet of versatile manufacturing, distribution, and warehouse space. The building features a flexible layout suitable for multiple tenants, with 80,179 to 86,400 square feet currently available. Enjoy convenient access to major transportation arteries, I-465 and I-70, ensuring efficient logistics. The property boasts a high ceiling clearance ranging from 20 to 24 feet, providing ample vertical space for operations. Loading is facilitated by both dock-high and drive-in options, optimizing efficiency. The building is equipped with a comprehensive WET sprinkler system for fire protection and benefits from robust 480V, 3-phase power. Ample parking is available for employees and clients, and there's potential for valuable outdoor storage. The property is zoned I-2 & I-4, allowing for a variety of industrial uses. This prime location and comprehensive features make this an ideal opportunity for businesses seeking a large-scale industrial space in a strategic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $60,852
    Hospitality
    $55,740
    Educational
    $46,375
    Medical
    $47,970
    Retail
    $72,139
3131 Franklin Rd, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8146
Longitude
-86.025
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
$311,244
$1,959,900
$8,875,400
$10,835,300
-
$1,959,900
$8,875,400
$10,835,300

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