This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

961 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

485-489 Gradle Dr

31,448 SF 100% Leased Flex Building Carmel, IN 46032 $6,100,000 ($194/SF) 6.85% Cap Rate

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

Investment Highlights

  • Fully leased investment property.
  • 12,000 square feet of warehouse space was added in 2000.

Executive Summary

Fully leased flex property available for sale. Great investment property with market rents in place.

Property Facts

Price $6,100,000 Rentable Building Area 31,448 SF
Price Per SF $194 No. Stories 1
Sale Type Investment Year Built 1985
Cap Rate 6.85% Parking Ratio 1.43/1,000 SF
Property Type Flex Clear Ceiling Height 18’
Property Subtype
Showroom
  • Industrial Distribution
  • Showroom
  • Industrial Warehouse
 No. Dock-High Doors/Loading 2
Building Class B No. Drive In / Grade-Level Doors 6
Lot Size 2.08 AC
Price $6,100,000
Price Per SF $194
Sale Type Investment
Cap Rate 6.85%
Property Type Flex
Property Subtype
Showroom
  • Industrial Distribution
  • Showroom
  • Industrial Warehouse
Building Class B
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

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
1 of 1
485-489 Gradle Dr, Carmel, IN - aerial map view
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 29-09-36-000-036.110-018 Improvements Assessment $858,100
Land Assessment $255,000 Total Assessment $1,113,100

PROPERTY TAXES

Parcel Number
29-09-36-000-036.110-018
Land Assessment
$255,000
Improvements Assessment
$858,100
Total Assessment
$1,113,100

zoning

Zoning Code I-1 (Light Industrial)
I-1 (Light Industrial)
(312) 823-6570

Contact

  • Zhao Tianpai
    Zhao Tianpai
  • AMZ Recycling

  • Listing ID: 32733713

  • Date on Market: 8/8/2024

  • Last Updated:

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

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

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

Flex PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/5
485-489 Gradle Dr, Carmel, IN for sale Primary Photo- Image 1 of 5
Primary Photo
485-489 Gradle Dr, Carmel, IN for sale Building Photo- Image 2 of 5
Building Photo
485-489 Gradle Dr, Carmel, IN for sale Aerial- Image 3 of 5
Aerial
485-489 Gradle Dr, Carmel, IN for sale Interior Photo- Image 4 of 5
Interior Photo

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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

485-489 Gradle Dr

Zhao Tianpai

(312) 823-6570

(312) 823-6570

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link