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    5195 Commerce Cir Indianapolis, IN 46237

    Pending
    For Sale
    $700,000

    Warehouse - Indianapolis, IN

    Type:Single Family Residence
    Property size:
    5,000 SF
    Lot size:
    1.04 Acres
    Days on Market:
    71
    Last Refresh:
    Dec 12 at 3:06 am

    Property Features for 5195 Commerce Cir

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Standard status
    Pending
    Zoning
    CS
    APN
    491515107035000300
    Size
    5,000 SF
    Lot size
    1.04 Acres

    Building Details

    Year built
    1994
    Architectural style
    Other

    Coldwell Banker Kaiser (317) 844-1131 [email protected]

    Listing agent Anthony Schneider (317) 843-8446 License #RB14027154

    Listing date Oct 3, 2025

    MLS# 22049747 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Indianapolis Flex Building with Warehouse

    Located at 5195 Commerce Circle in Indianapolis, IN, this property presents an owner/user opportunity. It features a flex building with both office and warehouse space, situated on a 1.04-acre lot. The building provides approximately 5,000 square feet of space. The warehouse area includes LED lighting, one drive-in door, and a 12' ceiling height. The property is suitable for multiple uses, and the lot offers ample parking and expansion possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Venture Catering

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.080207
    Latitude
    39.655036

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    FAQs

    What type of property is this?
    Flex space - Flex building with office and warehouse space on 1.04 acres.
    Where is this flex space located?
    The property is located at 5195 Commerce Cir Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - 1.04 acre lot with expansion opportunity; - +/-5,000 SF flex building with office and warehouse space; - Well suited for multiple uses
    (317) 843-8446
    Request Owner's contact information
    5195 Commerce Cir Indianapolis, IN 46237
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    Indianapolis, IN 46237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5195 Commerce Cir Indianapolis, IN 46237
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