2334 Production DrIndianapolis, IN 46241

  • Land
  • 0.22 AC
For Sale
$5,000,000 View listing

Property Details for 2334 Production Dr

Lot size
0.22 AC
Property type
Land
Property subtype
Other industrial land
APN
49-12-24-102-008.000-900
APU
491224102008000900

Description

This exceptional 48,896-square-foot warehouse, located at 2334 Production Drive in Indianapolis, Indiana, presents a compelling investment opportunity for owner-users or single tenants. Priced at $5,000,000, this property boasts a prime location less than one mile from I-465, ensuring excellent accessibility and convenient transportation links. The single-building structure sits on a generous 3.65-acre lot, providing ample space for operations and potential expansion. Built in 2024 (fully renovated), the warehouse is zoned I-3, opening doors to a wide range of industrial uses. The property features four dock-high doors, facilitating efficient loading and unloading of goods. This turnkey solution offers immediate occupancy and the potential for significant return on investment. The property's size, location, and zoning make it an attractive option for businesses seeking a modern, functional, and strategically located warehouse space in the thriving Indianapolis market. The 2024 renovation ensures modern amenities and efficient operations. With its convenient access to major transportation arteries and ample space, this warehouse is ready for immediate occupancy and poised for long-term success. The I-3 zoning provides flexibility for a variety of industrial uses, making it a versatile and valuable asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,421,440
    Hospitality
    $1,302,031
    Educational
    $1,083,275
    Medical
    $1,120,530
    Retail
    $1,685,094
2334 Production Dr, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.732
Longitude
-86.2601
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
$663
$19,800
-
$19,800
-
$19,800
-
$19,800

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