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Property profile & analytics
OFF-MARKET
Commercial land

220 Belmont Ave Indianapolis, IN 46222-4206

0.15 ac lot
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US31-1166443
Property summary
AI-generated overview

This exceptional sublease opportunity presents ±10,790 square feet of warehouse and distribution space within a larger 48,930 square foot building situated on a 1.75-acre lot in Marion County. The property boasts a strategic location with phenomenal access to I-70, making it ideal for efficient logistics. The building features 14'3" ceilings, providing ample vertical space for storage, and includes four drive-through bays and nine grade-level doors (12' x 14'). The expansive lot is fully paved and lit, recently improved, and offers significant outdoor storage capacity, permitted under the I-4 zoning. Security features are comprehensive, including a fully secured perimeter with barbed wire and an electric fence, along with an on-site guard shack providing 24/7 surveillance. The property offers 350 total parking spaces and is a two-story building. This is a rare opportunity to secure a well-maintained facility with excellent security and ample outdoor storage in a prime location. The property is currently multi-tenant. Expand your business with this exceptional sublease opportunity.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.15 ac (6,720 SF)
Zoning code ZO01
APN 49-11-04-157-008.000-901
UPID US31-1166443
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Outpost Parking Lot & Garage
  • West Roofing & Supply LP Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Becky S Stamatkin · 17 yrs held
Becky S Stamatkin
since 2009
3 recorded transactions
2009
Price N/A
2005
Price N/A
2004
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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