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Balance Research/Inc 444 N Holmes Ave 5,737 sq ft Industrial Property Indianapolis, IN 46222 £259,326 (£45.20/sq ft)
INVESTMENT HIGHLIGHTS
- +/- 5,700 SF freestanding industrial building
- I3 zoning – IOS and wide range of industrial uses permitted
- Clear height ranges from 9’6” to 10’6”
- +/- 500 SF office space with break area and restroom
- Two 10’ wide x 9’ tall drive-in doors
- New electrical service panel in warehouse
EXECUTIVE SUMMARY
Well-located industrial building available for sale on the west side of Indianapolis. This +/- 5,700 SF single or multi-tenant facility includes approximately 500 SF of office space, block construction, and two drive-in doors (10’ wide x 9’ tall), with clear heights ranging from 9'6" to 10'6". The warehouse features a new electrical service panel and secure access with reinforced doors and windows. Zoned I-3, the property supports a wide range of industrial uses, as well as outdoor storage. This site presents a strong value-add opportunity in the heart of the Speedway industrial corridor.
PROPERTY FACTS
| Price | £259,326 | Net Internal Area (NIA) | 5,737 sq ft |
| Price per sq ft | £45.20 | No. Floors | 1 |
| Sale Type | Investment or Owner Occupier | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Eaves Height | 10 ft 6 in |
| Costar Property Class | C | No. Drive In / Grade-Level Doors | 2 |
| Total Plot Size | 0.26 ac | Opportunity Zone |
Yes
|
| Use Class | I3 - Industrial | ||
| Price | £259,326 |
| Price per sq ft | £45.20 |
| Sale Type | Investment or Owner Occupier |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.26 ac |
| Net Internal Area (NIA) | 5,737 sq ft |
| No. Floors | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Eaves Height | 10 ft 6 in |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Use Class | I3 - Industrial |
1 1
PROPERTY TAXES
| Parcel Number | 49-11-04-179-001.000-901 | Improvements Assessment | £36,824 |
| Land Assessment | £8,150 | Total Assessment | £44,974 |
PROPERTY TAXES
Parcel Number
49-11-04-179-001.000-901
Land Assessment
£8,150
Improvements Assessment
£36,824
Total Assessment
£44,974
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Balance Research/Inc | 444 N Holmes Ave
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