2612 Morris StIndianapolis, IN 46221

  • Other commercial real estate
  • 7,626 SF
For Lease

Property Details for 2612 Morris St

Year built
1970
Construction
TYPE NOT SPECIFIED
Lot size
9.67 AC
Property size (Sq ft)
7,626 SF
Property type
Other commercial real estate
APN
49-11-09-122-010.000-901
APU
491109122010000901

Description

This exceptional ±45,591 square foot industrial property, situated on a spacious 10.07-acre lot in Indianapolis, Indiana, presents a unique investment opportunity. The property, built in 1967 and extensively renovated in 2024, is zoned I-3 and features a multi-tenant configuration with two suites. The main warehouse boasts impressive specifications, including 79 dock-high doors and 8 drive-in doors, catering to high-volume operations. Ceiling heights range from 16 to 22 feet, providing ample vertical space. The property also includes a separate maintenance facility totaling ±7,626 square feet, featuring 7 drive-in doors (with potential for expansion) and a 22-foot ceiling height. Both the warehouse and maintenance facility benefit from modern LED lighting and ample power service (800 amps, 3-phase for the warehouse

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,132,504
    Hospitality
    $1,037,368
    Educational
    $863,078
    Medical
    $892,760
    Retail
    $1,342,565
2612 Morris St, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.752
Longitude
-86.205
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
$44,340
$774,000
$835,600
$1,609,600
-
$774,000
$835,600
$1,609,600

FAQs

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