1413 Naomi StIndianapolis, IN 46203

  • Warehouses
  • 46,552 SF
For Lease
$3.75/SF/YR View listing

Property Details for 1413 Naomi St

Year built
1904
Construction
WOOD
Lot size
0.40 AC
Property size (Sq ft)
46,552 SF
Zone code
ZO01
Property type
Warehouses
APN
49-10-18-176-002.000-101
APU
491018176002000101

Description

This exceptional industrial warehouse at 1413 E. Naomi Street in Marion County offers a unique opportunity for multiple tenants. The building, constructed in 1904 and extensively renovated in 2017, boasts a total of 46,552 square feet across three stories. Individual spaces range from a minimum of 4,000 square feet to a maximum contiguous space of 7,500 square feet, making it suitable for a variety of businesses. The property sits on a 0.4-acre lot with 145 feet of frontage. Building features include 11-foot ceilings, two freight elevators, and one drive-in door. The I-3 zoning allows for a range of industrial uses. The building's convenient location is halfway between Fountain Square and the Big Car arts area, near Garfield Park. The second floor, currently available, offers 15,108 square feet of space with abundant natural light from windows on all four sides. A full-service lease includes utilities, taxes, CAM, and insurance. On-site management is provided. The first and third floors are currently occupied by established businesses. Four stairwells and a common loading area at the rear of the first floor provide convenient access. The property's APN is 1045411.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,920,948
    Hospitality
    $6,339,552
    Educational
    $5,274,432
    Medical
    $5,455,828
    Retail
    $8,204,673

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7423
Longitude
-86.135
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
$11,134
$35,200
$366,200
$401,400
-
$35,200
$366,200
$401,400

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