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Listed by Albert Stancato • Highgarden Real Estate
$ 4,935,000
Est. payment /mo
New
5310 E 25th ST Indianapolis, IN 46218
33,420 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 33,420 sqft
Price per Sqft $147
MLS Listing ID 22133945
Year Built 1989
Tax Year 2025
Lot Size 2.120 Acres
Acres 2.12
Property Sub-Type Warehouse
Property Description
Excellent Industrial Investment Opportunity with a Projected 7.75% CAP Rate! This income-producing industrial property features an established, stable tenant with a lease extension planned beyond the current three-year term. The proposed extension includes a rental increase for the use and development of the I-3 zoned land for outdoor storage, supporting a projected 7.75% CAP Rate. Additional investment potential includes four separate undeveloped I-2 zoned parcels, offering opportunities for new industrial construction and additional rental income. Alternatively, these parcels could be sold separately, allowing an investor to recover capital, reduce their overall investment basis, and potentially increase their effective return. An exceptional opportunity to acquire a stabilized industrial asset with multiple avenues for increased income, expansion, and long-term appreciation! THIS SALE INCLUDEDS SIX PARCELS.... 5310 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-111-022.000-701 Zoning: I-2 - Acreage: 2.12 - Square Footage: 33420 5300 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-111-023.000-701 Zoning: I-3 - Acreage: 1.51 2500 N Butler Ave, Indianapolis, Indiana 46218 State Parcel # 49-07-27-120-031.000-701 Zoning: I-2 - Acreage: 0.29 5242 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-120-032.000-701 Zoning: I-2 - Acreage: 0.15 5246 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-120-103.000-701 Zoning: I-2 - Acreage: 0.15 5248 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-120-102.000-701 Legal Description: RICHIES WARRENDALE L41 Zoning: I-2 - Acreage: 0.29
Location
State IN
County Marion
Zoning I-2 & I-3 Marion County
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
New Construction false
Schools
School District Indianapolis Public Schools
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