2441 Production DrIndianapolis, IN 46241

Property Details for 2441 Production Dr

Year built

1974

Construction

TYPE NOT SPECIFIED

Lot size

2.21 AC

Property size (Sq ft)

24,920 SF

Property type

Office properties

APN

49-12-24-102-019.000-900

APU

491224102019000900

Description

This exceptional Executive Office Park in Indianapolis, Indiana offers 22 suites across two renovated buildings totaling 24,920 square feet. Built in 1975 and extensively renovated in 2021, the property sits on 2.23 acres and features ample parking with 15 spaces. Three suites are currently available, ranging from 641 to 1,050 square feet, perfect for businesses seeking flexible and modern workspace. The property's I-3 zoning allows for a variety of uses. Located in Marion County (APN: 49-12-24-102-022.000-900), this location provides easy access to downtown Indianapolis, the Indianapolis International Airport, and major interstates (I-465, I-70, and I-74), making it an ideal operational base for logistics, delivery, security, services, and sales. Amenities include free parking, access to a shared conference room, and full-service rent encompassing high-speed fiber internet, advanced telephone communications (including local and nationwide calling, voicemail-to-email, and web conferencing). Additional customized mobility services are available. This is a fantastic opportunity for businesses seeking a convenient, well-equipped, and strategically located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,367,695

  6.5%

  $3,108,642

  7%

  $2,886,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,525,466

  Geo Method

  $2,525,466

• Alternative Use

  Use

  Valuation

  Residential

  $3,854,716

  Hospitality

  $3,530,899

  Educational

  $2,937,666

  Medical

  $3,038,697

  Retail

  $4,569,703

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7326

Longitude

-86.2589

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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