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485-489 Gradle Dr 31,448 SF 100% Leased Flex Building Carmel, IN 46032 $5,500,000 ($174.89/SF) 6.80% Cap Rate

Flex Spaces Indiana Carmel 485-489 Gradle Dr, Carmel, IN 46032

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EXECUTIVE SUMMARY

a rare opportunity in Carmel, a warehouse with dockdoors .31500 sqft. please call 3128236570 Robert zhao

PROPERTY FACTS Under Contract

Price $5,500,000 Lot Size 2.08 AC
Price Per SF $174.89 Rentable Building Area 31,448 SF
Sale Type Investment No. Stories 1
Cap Rate 6.80% Year Built 1985
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • Redevelopment Project
  • Short Sale
 Parking Ratio 1.43/1,000 SF
Property Type Flex Clear Ceiling Height 18’
Property Subtype Showroom No. Dock-High Doors/Loading 2
Building Class C No. Drive In / Grade-Level Doors 6
Zoning I-1 - Light Industrial
Price $5,500,000
Price Per SF $174.89
Sale Type Investment
Cap Rate 6.80%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • Redevelopment Project
  • Short Sale
Property Type Flex
Property Subtype Showroom
Building Class C
Lot Size 2.08 AC
Rentable Building Area 31,448 SF
No. Stories 1
Year Built 1985
Parking Ratio 1.43/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 6
Zoning I-1 - Light Industrial

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Media Factory
  • Manufacturing
  • -
  • -
  • -
  • Jan 0000
  • Off the Wall Sports
  • Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Media Factory Manufacturing - - - Jan 0000
Off the Wall Sports Services - $9.99 Lorem Ipsum Jan 0000
1 1
485-489 Gradle Dr, Carmel, IN - AERIAL map view
Bike Score®
Very Bikeable (77)
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-09-36-000-036.110-018
  • 29-09-36-000-036.010-018
 Improvements Assessment $1,042,400
Land Assessment $520,000 Total Assessment $1,562,400

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-09-36-000-036.110-018
  • 29-09-36-000-036.010-018
Land Assessment
$520,000
Improvements Assessment
$1,042,400
Total Assessment
$1,562,400
(312) 823-6570

Still interested?

Contact the broker for more information about this property

CONTACT

  • Zhao Tianpai
    Zhao Tianpai
  • AMZ Recycling

  • Listing ID: 38089698

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 485-489 Gradle Dr, Carmel, IN 46032

More public record information on 485-489 Gradle Dr, Carmel, IN 46032

The Downtown Carmel Flex Property at 485-489 Gradle Dr, Carmel, IN 46032 is currently available. Contact AMZ Recycling for more information.

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485-489 Gradle Dr
(312) 823-6570 x

485-489 Gradle Dr

Zhao Tianpai
(312) 823-6570

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