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Industrial Flex Building with Overhead Doors
For Sale
$3,500,000

1000 S Arlington Avenue, Indianapolis, IN 46203

Commercial Sale, Indianapolis, IN

Property Size4,242 SF
Lot Size13.76 Acres
Price / SF$825.08
Days on Market92

Property Features for 1000 S Arlington Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-3
Parking features RV
Elementary school district MSD Warren Township
Middle school district MSD Warren Township
High school district MSD Warren Township
Directions GPS Friendly
Subdivision 4905 - Marion - Warren
Standard status Active
APN 491010119001000701
Lot size 13.76 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt S1/2 Se1/4 & Pt Se1/4 Sw1/4 S10 T15 R4 Beg 60Ftw & 33Ft N Of Se Cor Se1/4 W 2987.47Ftn 232.32Ft E 2984.38Ft S 171.44Ft Tobeg13.858Ac
Legal Description Pt S1/2 Se1/4 & Pt Se1/4 Sw1/4 S10 T15 R4 Beg 60Ftw & 33Ft N Of Se Cor Se1/4 W 2987.47Ftn 232.32Ft E 2984.38Ft S 171.44Ft Tobeg13.858Ac

Utilities

Water source Well

Building Details

Year built 1986
Floors in Building 1
Roof type Metal
Listing Agency: REALTY WORLD-Harbert Company
Listed By: Trisha Benefield · License #RB16001709
Added: Jun 27 Changed: Aug 28 Last Checked: Sep 26 at 1:06AM
MLS# 22108062

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,242-square-foot industrial flex property includes 828 square feet of office area and over 3,000 square feet dedicated to manufacturing, warehouse, and industrial functions. Two 14-foot overhead doors accommodate larger vehicles and equipment. The 1986 building has a metal roof, well water, and RV parking. Interior improvements include remodeled bathrooms, replacement flooring, fresh paint, and updated lighting.

The property is zoned I-3 and offers access to I-465 and I-70. Outdoor space was previously used in connection with an excavating company, providing additional room beyond the building for industrial operations and equipment-related activity.

Key Highlights

  • 4,242 sq. ft. industrial flex building with 828 sq. ft. of office space
  • Over 3,000 sq ft of manufacturing, warehouse, and industrial space
  • Two 14‑ft overhead doors for vehicle and equipment access

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - I-3 industrial property combines office, production, warehouse, and outdoor operating space with access to major interstate routes.
Where is this flex space located?
The property is located at 1000 S Arlington Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 4,242 sq. ft. industrial flex building with 828 sq. ft. of office space; Over 3,000 sq ft of manufacturing, warehouse, and industrial space; Two 14‑ft overhead doors for vehicle and equipment access
More about this property
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