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    4200 W Morris St Indianapolis, IN 46241

    For Sale
    $1,300,000

    Three-building industrial portfolio with billboard lease and I-70 access.

    Property size:
    11,750 SF
    Lot size:
    0.84 Acres

    Property Features for 4200 W Morris St

    General Information

    Size
    11,750 SF
    Lot size
    0.84 Acres

    Source: SVN | Northern Commercial Agent Wade Wilson

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

    Overview

    Industrial Portfolio with Billboard Lease

    This industrial portfolio comprises three buildings situated on approximately one acre. The property benefits from heavy industrial zoning (I3), which permits outdoor storage. A billboard is located on the site and is subject to an existing lease with approximately 13 years remaining. The property offers excellent visibility and convenient access to I-70. The total property size is 11,750 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.230281
    Latitude
    39.750125

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    FAQs

    What type of property is this?
    Warehouse - Three-building industrial portfolio with billboard lease and I-70 access.
    Where is this warehouse located?
    The property is located at 4200 W Morris St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Excellent visibility and access to I-70; - Heavy industrial zoning (I3) - outdoor storage permitted; - Billboard on site (+/- 13-year lease in place)
    (317) 863-9271
    Request Owner's contact information
    4200 W Morris St Indianapolis, IN 46241
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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
    4200 W Morris St Indianapolis, IN 46241
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