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Investment Highlights
- Convenient location along State Road 37 with strong regional access.
- Newly updated private well water and septic sanitary systems.
- Heated warehouse with propane gas-fired radiant and assist unit heaters.
- ±24-foot clear height with one dock and multiple drive-ins for efficient loading.
- LED warehouse lighting and 400-amp single-phase electrical service.
- C-3 zoning enabling diverse industrial and commercial applications.
Executive Summary
This industrial property located on State Road 37 in Noblesville offers excellent accessibility and functionality for businesses seeking secure and efficient operations. Situated on approximately 1.44 acres, the site features a large warehouse with ±24-foot clear height, one dock, and two drive-in doors (14x14 and 12x12), which provide versatile loading and unloading options for users. The facility includes multi-lamp LED lighting and an electrical capacity of 400 amps single-phase power via Duke Energy. Onsite amenities include office space totaling ±1,300 square feet, complemented by updated private well water and septic systems.
The property benefits from warehouse heat supplied by suspended propane gas-fired heaters, ensuring comfortable operations during colder months. Zoning under C-3 enhances flexibility for industrial and related uses. Prominently positioned along a major state route, the location allows easy access to surrounding commercial hubs and transportation corridors, supporting both regional connectivity and long-term usability. Offered at $950,000, this asset presents a solid opportunity for owner-users and investors seeking a strategically positioned industrial site with essential infrastructure and modernized utilities for operational demands.
The property benefits from warehouse heat supplied by suspended propane gas-fired heaters, ensuring comfortable operations during colder months. Zoning under C-3 enhances flexibility for industrial and related uses. Prominently positioned along a major state route, the location allows easy access to surrounding commercial hubs and transportation corridors, supporting both regional connectivity and long-term usability. Offered at $950,000, this asset presents a solid opportunity for owner-users and investors seeking a strategically positioned industrial site with essential infrastructure and modernized utilities for operational demands.
Property Facts
| Price | $950,000 | Rentable Building Area | 13,329 SF |
| Price Per SF | $71.27 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1987 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Clear Ceiling Height | 24’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 1.40 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | C3 - Commercial | ||
| Price | $950,000 |
| Price Per SF | $71.27 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.40 AC |
| Rentable Building Area | 13,329 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Tenancy | Single |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | C3 - Commercial |
Utilities
- Lighting
- Water - Well
- Sewer - Septic Field
- Heating - Gas
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 29-07-03-406-023.000-017 | Improvements Assessment | $298,700 |
| Land Assessment | $53,600 | Total Assessment | $352,300 |
Property Taxes
Parcel Number
29-07-03-406-023.000-017
Land Assessment
$53,600
Improvements Assessment
$298,700
Total Assessment
$352,300
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23044 N State Road 37
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