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    444/446 N Holmes Ave Indianapolis, IN 46222

    For Sale
    $350,000

    5,700 SF industrial building with I-3 zoning.

    Property size:
    5,737 SF

    Property Features for 444/446 N Holmes Ave

    General Information

    Size
    5,737 SF

    Building Details

    Year built
    1950

    Source: Wade Wilson Agent Wade Wilson

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

    Overview

    Indianapolis Industrial Building For Sale

    Located on the west side of Indianapolis, this industrial building offers approximately 5,700 square feet of space. The single or multi-tenant facility includes around 500 square feet of office space, complete with a break area and restroom. Constructed with block, the building features two drive-in doors, each measuring 10 feet wide by 9 feet tall. The warehouse area has clear heights ranging from 9 feet 6 inches to 10 feet 6 inches. A new electrical service panel has been installed in the warehouse. Security is enhanced with reinforced doors and windows. Zoned I-3, the property is suitable for a wide range of industrial uses and also permits outdoor storage. The site offers a value-add opportunity within the Speedway industrial corridor. It provides excellent access to Highway I-70 and West Michigan Street. The property presents an investor or owner-user opportunity with multi-tenant potential.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant 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.

    Similar Places Nearby

    Old Grass LLC, Omni Materials

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2054071
    Latitude
    39.7736626

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    FAQs

    What type of property is this?
    Warehouse - 5,700 SF industrial building with I-3 zoning.
    Where is this warehouse located?
    The property is located at 444/446 N Holmes Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Excellent access to I-70 and W Michigan Street; - I3 zoning permits a wide range of industrial uses and outdoor storage; - +/- 5,700 SF freestanding industrial building with multi-tenant potential
    (317) 863-9271
    Request Owner's contact information
    444/446 N Holmes Ave Indianapolis, IN 46222
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    Indianapolis, IN 46222
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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
    444/446 N Holmes Ave Indianapolis, IN 46222
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