Single-Story Auto
For Sale
$349,000
1001 E 30th St, Indianapolis, IN 46208
Gated commercial property with service-bay functionality, a car lift, and C-4 zoning.
Property Size1,902 SF
Lot Size0.22 Acres
Price / SF$183.49
Days on Market110
Property Features for 1001 E 30th St
General Information
Standard status
Active
Size
1,902 SF
Lot size
0.22 Acres
Zoning
C-4
Additional Details
Fenced Yard
Yes
Service Bays
3
Amenities
gated lot
car lift
Building Details
Year Built
1971
Buildings
1
Stories
1
Listing Agency:
Keller Williams Indpls Metro N
(317) 846-6300
Listed By:
Cameron Mason · License #RB19000178
(317) 430-6749
Source:
Exprealty
Added: Jun 19
Changed: Sep 26
Last Checked: Oct 5 at 7:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Indpls Metro N
Investment Insights
Based on property information with market context.
This single-story auto shop at 1001 E 30th Street includes a 1, 902-square-foot building with 3 car bays and an existing car lift. The property most recently operated as a towing and auto service center, providing a configuration suited to continued automotive use. The site is secured by a gate and includes two parcels totaling 9, 531 square feet, or 0.22 acres.
The property is positioned in the Monon Yard neighborhood, adjacent to the Monon and Fall Creek Trails. C-4 zoning supports the property’s commercial classification. Originally built in 1971, the site offers an established building and secured lot for an auto shop or other use supported by the zoning and existing improvements.
The property is positioned in the Monon Yard neighborhood, adjacent to the Monon and Fall Creek Trails. C-4 zoning supports the property’s commercial classification. Originally built in 1971, the site offers an established building and secured lot for an auto shop or other use supported by the zoning and existing improvements.
Key Highlights
- 1, 902‑square‑foot single‑story building with 3 car bays
- C‑4 zoning for commercial use
- Gated two‑parcel lot totals 9, 531 square feet (0.22 acres)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,466
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,320
$409.3K
Cap Rate 7%
$292,371
$292.4K
Cap Rate 9%
$227,400
$227.4K
Market Conditions
NOI Build-Up for 1,902 SF
Gross rent
$32.0K $16.80/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$29.2K $15.37/SF
− OpEx
−$8.8K −$4.61/SF
NOI
$20.5K $10.76/SF
Area
Indianapolis, IN
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,320
Cap Rate 7%
$292,371
Cap Rate 9%
$227,400
Alternative Uses
Best Use
Retail
$292.4K
$255.8K – $341.1K
NOI $20,466 @ 7.0% cap · market cap 5.86%
Second Best
Industrial
$135.4K
$118.5K – $158.0K
NOI $9,481 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$473.4K
$414.3K – $552.3K
NOI $33,140 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46208, IN
23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Auto shop - Gated commercial property with service-bay functionality, a car lift, and C-4 zoning.
Where is this auto shop located?
The property is located at 1001 E 30th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1, 902‑square‑foot single‑story building with 3 car bays; C‑4 zoning for commercial use; Gated two‑parcel lot totals 9, 531 square feet (0.22 acres)
