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    1203 Indy Way Indianapolis, IN 46214

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    For Lease
    $8 SF/Yr ($1,188 /Mo)

    Multi-tenant industrial/flex property with easy access to major interstates.

    Property size:
    1,783 SF
    Lot size:
    1.93 Acres

    Property Features for 1203 Indy Way

    General Information

    Size
    1,783 SF
    Lot size
    1.93 Acres

    Source: Corporate Commercial Group Agent Keith Dedrick

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

    Overview

    Industrial/Flex Space Available For Lease

    The property at 1203 Indy Way/Place is a multi-tenant industrial/flex property consisting of approximately 44,164 square feet. Situated on a fully improved 1.93-acre site, the property offers convenient access to I-65, I-70, and I-74 via the western portion of the I-465 Indianapolis loop. The available space is 1,783 square feet. The property is well-maintained and suitable for a variety of users seeking quality industrial/flex space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -86.3055584
    Latitude
    39.7815359

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    FAQs

    What type of property is this?
    Flex space - Multi-tenant industrial/flex property with easy access to major interstates.
    Where is this flex space located?
    The property is located at 1203 Indy Way Indianapolis, IN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-65, I-70, and I-74 via I-465; - Multi-tenant industrial/flex property; - Property is well maintained
    (317) 502-3622
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    1203 Indy Way Indianapolis, IN 46214
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    Indianapolis, IN 46214
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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
    1203 Indy Way Indianapolis, IN 46214
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