1936 Lynhurst DrIndianapolis, IN 46241

  • Warehouses
  • 91,280 SF
For Lease

Property Details for 1936 Lynhurst Dr

Year built
1977
Construction
TYPE NOT SPECIFIED
Lot size
8.34 AC
Property size (Sq ft)
91,280 SF
Property type
Warehouses
APN
49-12-13-116-010.000-900
APU
491213116010000900

Description

This exceptional flex space opportunity is located at 1936 S Lynhurst Dr, Indianapolis, IN 46241, within the Park Fletcher Building 12. The property offers a total of 91,758 square feet of industrial space, with a minimum divisible unit of 4,000 square feet and a maximum contiguous space of 9,333 square feet. Currently, 13,333 square feet is available for lease. The building features 16-foot ceilings, providing ample vertical space for various business needs. The zoning designation is I3, suitable for a range of industrial and flex uses. The building is strategically located in Marion County, offering convenient access to major transportation arteries. Its proximity to I-465 and I-70 interstates, less than one mile away, ensures efficient logistics and easy commutes. Furthermore, the Indianapolis International Airport is only 7 miles from the property, providing seamless connectivity for businesses with national or international operations. The available suites boast built-out office space, along with loading docks and drive-in doors, catering to diverse operational requirements. This location is well-suited for a variety of businesses seeking flexible and functional industrial space in a prime Indianapolis location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,542,813
    Hospitality
    $12,405,144
    Educational
    $10,320,934
    Medical
    $10,675,887
    Retail
    $16,054,786
1936 Lynhurst Dr, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7393
Longitude
-86.2514
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
$66,684
$482,200
$1,508,500
$1,990,700
-
$482,200
$1,508,500
$1,990,700

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