3821 Industrial BlvdIndianapolis, IN 46254

  • Other commercial real estate
  • 30,015 SF
For Lease
$8/SF/YR View listing

Property Details for 3821 Industrial Blvd

Year built
1970
Construction
TYPE NOT SPECIFIED
Lot size
1.96 AC
Property size (Sq ft)
30,015 SF
Zone code
ZO01
Property type
Other commercial real estate
APN
49-06-17-129-030.000-674
APU
490617129030000674

Description

This exceptional 32,300-square-foot industrial property, located at 3821 Industrial Blvd in Indianapolis, Indiana, presents a significant investment opportunity. The single-tenant building, constructed in 1975, boasts a 17-foot ceiling height, ample power, and three drive-in doors, making it suitable for diverse manufacturing, warehouse, or flex uses. Situated on 1.96 acres of land, the Class C property includes 50 parking spaces. Its I-1 Light Industrial zoning ensures flexibility for various industrial operations. The property's prime location within Marion County (APN: 49-06-17-129-030.000-674, zip code 46254) offers easy access to major transportation arteries and a skilled workforce, promising strong tenant demand and potential for substantial returns. The entire 32,300 square feet is currently vacant, providing immediate occupancy for a new tenant. This one-story building represents a rare chance to acquire a well-positioned industrial asset in a dynamic market. The property's robust infrastructure and strategic location contribute to its high potential for long-term capital appreciation and a stable income stream. This is an ideal opportunity for investors seeking a strong return on investment in the Indianapolis industrial market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,460,376
    Hospitality
    $4,085,680
    Educational
    $3,399,238
    Medical
    $3,516,143
    Retail
    $5,287,704
3821 Industrial Blvd, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8257
Longitude
-86.2269
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
-
$176,200
$640,100
$816,300
-
$176,200
$640,100
$816,300

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