Investment Sale: Auto-Related Industrial

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30790192
Property Subtypes: Flex Space, Free-Standing, Light Industrial
Building Size (RSF): 7,650 SF
Gross Land Area: 0.36 Acres
Sale Price: See Agent
Drive In Bays: 8 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/7/2022

Overview / Comments

The property is 100% leased; currently occupied by three (3) tenants

All tenants are automotive-related (automotive repair, body shop, tire shop)

Small fenced-in outdoor storage area

Building was originally constructed in 1960, but expanded over time

Current owner purchased the building in 2019

Building offers eight (8) grade-level doors across the entire building and middle
suite has a crane

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $1,886 (Annual)
Tax Value Land $15,600
Tax Value Improvements $46,700
Assessed Value - Total($) $62,300 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $3,365 (Annual)
Tax Value Land $21,600
Tax Value Improvements $92,300
Assessed Value - Total($) $113,900 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $2,967 (Annual)
Tax Value Land $43,200
Tax Value Improvements $52,200
Assessed Value - Total($) $95,400 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $2,937 (Annual)
Tax Value Land $43,200
Tax Value Improvements $52,200
Assessed Value - Total($) $95,400 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $810.46 (Annual)
Tax Value Land $9,600
Tax Value Improvements $17,600
Assessed Value - Total($) $27,200 (Annual)

Additional Details

Nearest MSA: Indianapolis-Carmel
County: Marion
Tax ID/APN: 49-10-18-157-131.000-101
Zoning: C-5
Total Number of Buildings: 3
Number of Stories: 1
Year Built: 1960
Legal Description: FACTORY PLACE L126 L127 & L128

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,693 126,476 279,387
Median Age: 32.75 34.21 34.52
Households: 6,292 51,202 110,688

Contact

© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.