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    55 S State Ave | Indianapolis Indianapolis, IN 46201

    For Sale
    Contact for pricing

    Two-acre fenced parking area in downtown Indianapolis with on-site security.

    Property size:
    2 SF

    Property Features for 55 S State Ave | Indianapolis

    General Information

    Size
    2 SF

    Source: Matt Ferguson Agent Matt Ferguson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Indianapolis Fenced Parking Area

    This property offers a leasing opportunity in downtown Indianapolis, IN, featuring a fenced parking area of approximately 2 acres suitable for additional parking or trailer storage. On-site security, property management, and maintenance services are provided. The location is near major transportation routes, including I-70, and is less than a mile from the I-70 and I-65 interchange on the east side of Downtown Indianapolis and only one mile to The Circle. The property is one block south of E. Washington St./US 40, a main east/west thoroughfare through the city.
    Location Intelligence

    Current Use by Public Records

    E & F Electronics Electronic Parts Supplier MGR Premier Produce ... Produce Wholesaler Tedrowe Inc Furniture Wholesaler Shield Protection Solutions ... Security Service Excel Web Host Website Designer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1096
    Latitude
    39.7745

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    FAQs

    What type of property is this?
    Land - Two-acre fenced parking area in downtown Indianapolis with on-site security.
    Where is this land located?
    The property is located at 55 S State Ave | Indianapolis Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $3,000.
    What are key features of this property?
    This property features: - Expansive, secure fenced parking area (approximately 2 acres) suitable for additional parking or trailer storage.; - Prime downtown Indianapolis location.; - Close proximity to major transportation routes (I-70, I-65).
    (317) 679-4046
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    55 S State Ave | Indianapolis Indianapolis, IN 46201
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    Indianapolis, IN 46201
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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
    55 S State Ave | Indianapolis Indianapolis, IN 46201
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