5310 E 25th Street, Indianapolis
5310 E 25th Street, Indianapolis, IN 46218
$4,935,000
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
1989
Year Built
Additional Information
Providence Property Group, PC
Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
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
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5310 E 25th Street, Indianapolis, IN 46218
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Listing provided courtesy of Albert Stancato at Highgarden Real Estate
Contact: astancato@highgarden.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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