3000 Shelby StIndianapolis, IN 46227

  • Industrial properties
  • 58,608 SF
For Lease
$7.50/SF/YR View listing

Property Details for 3000 Shelby St

Year built
1927
Construction
TYPE NOT SPECIFIED
Lot size
19.76 AC
Property size (Sq ft)
58,608 SF
Zone code
ZO01
Property type
Industrial properties
Property subtype
Other warehouses
APN
49-11-25-105-004.000-500
APU
491125105004000500

Description

This exceptional 24,000-square-foot warehouse space in Marion County is available for immediate occupancy. The single-story building boasts a clear span design with a generous 38-foot ceiling height, providing ample room for various industrial operations. The property features two loading docks and one drive-in door, ensuring efficient loading and unloading. A significant advantage is the inclusion of a 20-ton bridge crane, ideal for heavy lifting and material handling. The building is zoned I-4-U and benefits from convenient on-site rail access, streamlining logistics and transportation. Its strategic location places it directly on the IndyGo bus line, offering employees convenient public transportation options. Furthermore, the property enjoys excellent connectivity to Indianapolis' interstate highway system, facilitating seamless regional and national distribution. The total building size is 48,000 square feet, divided into two suites. The asking rate is $7.50 per square foot, gross. This warehouse presents a rare opportunity for businesses seeking a well-equipped, strategically located industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,709,482
    Hospitality
    $7,977,838
    Educational
    $6,637,468
    Medical
    $6,865,741
    Retail
    $10,324,950
3000 Shelby St, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7211
Longitude
-86.1411
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
$52,192
$850,500
$1,017,500
$1,868,000
-
$850,500
$1,017,500
$1,868,000

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