3031 S Holt Rd - Warehouse FOR SALE


Indianapolis, IN 46221- Mars Hill
$795,000 USD
317-863-9271
3031 S Holt Rd, Indianapolis, IN for Sale
$795,000 USD
Warehouse - FOR SALE
1/11
null | 9.64% Cap Rate

3031 S Holt Rd
Indianapolis, IN 46221
Mars Hill


HIGHLIGHTS

  • 10,000 SF industrial building fully-leased to two (2) tenants on new leases (2025)
  • Commercial zoning (C5) allows for wide range of uses - Automotive uses permitted
  • Many recent capital improvements
  • Excellent access to Kentucky Ave, I-465, and I-70
  • Excellent 1031 Exchange opportunity
  • Immediate upside with one tenant on below-market lease rate

OVERVIEW

+/- 10,000 SF multi-tenant industrial property for sale at the corner of Kentucky Ave and Holt Road, Indianapolis. Property is 100% leased to two (2) tenants on new leases (2025).

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

9.64%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

Lighting - Fluorescent, Gas, Water - City, Sewer - City

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.75

LAND SF

32,670

ZONING

C-5

APN/PARCEL ID

49-11-29-111-575.000-200

ASK ABOUT THIS PROPERTY

Wade WilsonSVN | Northern CommercialMore Info
317-863-9271

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Wade WilsonSVN | Northern CommercialMore Info
317-863-9271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.