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    2828 Tobey Dr Indianapolis, IN 46219

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    For Sale
    $2,700,000

    51,000 SF industrial building on 3.46 acres with I3 zoning.

    Property size:
    50,928 SF

    Property Features for 2828 Tobey Dr

    General Information

    Size
    50,928 SF

    Building Details

    Year built
    1968

    Source: Wade Wilson Agent Wade Wilson

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

    Overview

    Indianapolis Industrial Facility with Outdoor Storage

    The property is a +/- 51,000 SF industrial facility situated on 3.46 acres. The building includes +/- 4,100 SF of finished office space. It features four enclosed loading docks and heavy 3-phase power. The property has three loading/maintenance sections within the building. Zoned I3, the site permits outdoor storage and truck parking. The location provides connectivity to Highway I-465, Highway I-70, and downtown Indianapolis. The property includes outdoor storage and excess parking on site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kraft Foods Global ... Wholesaler thrift trucking Trucking Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Extra Space Storage, Stacey Moving & Storage, Closetbox

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.019316
    Latitude
    39.8087

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    FAQs

    What type of property is this?
    Warehouse - 51,000 SF industrial building on 3.46 acres with I3 zoning.
    Where is this warehouse located?
    The property is located at 2828 Tobey Dr Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Excellent connectivity to Highway I-465, Highway I-70, and downtown Indianapolis.; - +/- 51,000 SF industrial building on 3.46 acres with **outdoor storage & excess parking.**; - I3 zoning permits outdoor storage/truck parking.
    (317) 863-9271
    Request Owner's contact information
    2828 Tobey Dr Indianapolis, IN 46219
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    Indianapolis, IN 46219
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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
    2828 Tobey Dr Indianapolis, IN 46219
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