1628 Bates Street

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1628 Bates Street

Indianapolis, IN 46201
Asking Price
$1.20M
Asset Type
Flex Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Flex industrial property listed for sale at 1628 Bates Street
  • Current asking price for this Indianapolis asset is 1200000 dollars
  • Located in a neighborhood experiencing ongoing commercial and industrial development
  • Versatile floor plan suitable for warehousing or light manufacturing operations
  • Positioned within a key regional hub for logistics and distribution

What's Special

This flex industrial asset located at 1628 Bates Street in Indianapolis presents a functional space for operations within a rapidly developing neighborhood. Positioned within a key logistics and industrial corridor of the Midwest, the property benefits from the regional connectivity that defines the Indianapolis submarket. The versatile interior layout accommodates a range of industrial activities, serving as an practical solution for businesses requiring flexible floor plans for distribution, warehousing, or light manufacturing needs. The surrounding area continues to experience steady commercial interest, reflecting the broader growth trends of the metropolitan region. Its placement provides access to major transportation arteries, facilitating efficient movement of goods across the state and into neighboring markets. Investors and owner-occupants will find the site capable of supporting various operational configurations tailored to specific industrial workflows. The property remains well-positioned for those seeking to establish or expand a footprint in an active urban industrial environment.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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