Rental Property Investor · Indianapolis, IN · Member since 2020 · 562 posts · 554 votes
Indianapolis commercial/industrial investors and real estate agents. I work for the Metropolitan School District of Wayne Township. We have a parcel of land that is currently our bus transportation center. We are building a new transportation center and will not have a direct use for the old site. An RFI has been published to assess future use of the property including either sale or lease.
I am looking for local Indy investors or agents that could provide some feedback on potential use’s including a preliminary pro forma if it were to be leased. Additional info:
150 bus/trailer sized parking spots
4500sf office space
12,000sf bus maintenance garage with vehicle lifts
30,000sf of warehouse space (3 separate areas)
Please DM me if you can help and I can send the formal RFI as published. Tour of the property can also be arranged if needed. While I appreciate any comments on this thread, there is a formal process that must be followed for replying to the RFI.
Whats the zoning? could it be used for truck and rv parking? We run these assets in Texas.
Ronald - I would love to connect to learn more about your truck rv parking assets. I am new to commercial real estate and we have a lot of empty commericial spaces here in Hartford County CT. Can I DM you?
@Kerry Noble Jr thank you sir. I have actually had an idea rattling around in the back of my head for a while, and a BD alum would be perfect. I’ll send you a DM once I get home and get my thoughts together.
C3 is an awful zoning for the current structure and any industrial use. ALL ground glass facade requirement! I didn't look into a SUP or CUP, but this is a hard pass for me.
@Ronald Rohde appreciate the response. Current use would likely be grandfathered in. But understand concerns with zoning. Currently used for bus/vehicle parking, warehouse, and full vehicle maintenance including a fuel island with diesel, gas, and propane.
@Ronald Rohde appreciate the response. Current use would likely be grandfathered in. But understand concerns with zoning. Currently used for bus/vehicle parking, warehouse, and full vehicle maintenance including a fuel island with diesel, gas, and propane.
The school is vacating, right? You'll trigger a countdown that you must continue the use in order to maintain the status. In particular, main use would be semi truck parking which I don't think is a grandfathered use. Bus and passenger sure, but that's not a huge market.
Maintenance uses are great, I agree those can continue.
Whats the zoning? could it be used for truck and rv parking? We run these assets in Texas.
Ronald - I would love to connect to learn more about your truck rv parking assets. I am new to commercial real estate and we have a lot of empty commericial spaces here in Hartford County CT. Can I DM you?
Whats the zoning? could it be used for truck and rv parking? We run these assets in Texas.
Ronald - I would love to connect to learn more about your truck rv parking assets. I am new to commercial real estate and we have a lot of empty commericial spaces here in Hartford County CT. Can I DM you?
DM or post a new thread, lots of other people have similar questions and I'd rather public responses, but don't need to clutter this thread.