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    3000 Shelby St Indianapolis, IN 46203

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    For Lease
    Contact for pricing

    Renovated industrial space featuring crane and outdoor storage.

    Property size:
    24,000 SF
    Lot size:
    19.76 Acres

    Property Features for 3000 Shelby St

    General Information

    Size
    24,000 SF
    Lot size
    19.76 Acres

    Source: Colliers Agent Jeorge Manley

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

    Overview

    Industrial Space with Crane

    This industrial property offers approximately 15,500 square feet of available space, including 200 square feet of office space with the potential for expansion. The property features two drive-in doors and two docks, complemented by a clear height of 28 feet and a clear span layout. Heavy-duty concrete floors are present throughout the space. Adjacent outdoor storage is available. Renovations are scheduled for completion in August 2023, including cleaning and painting of the interior, structural steel replacements, a full metal roof replacement, full metal siding replacement, and a full electrical system replacement. A new 25-ton overhead bridge crane, new radiant heaters, new drywall covering the demising wall, and new LED lighting will also be installed.
    Insight Report Location Intelligence

    Current Use by Public Records

    Five Star Cooling Hvac Contractor Indianapolis Industrial Center Warehouse UAB Recycling LLC Recycling Center Beacon Building Products Building Materials Supplier Hemp Crate Co Organic Shop

    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.

    Similar Places Nearby

    U-STOR Self Storage, Store Space Self Storage, Prime-Self-Stor, Sherman Moving & Storage Co

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.141236
    Latitude
    39.721013

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    FAQs

    What type of property is this?
    Warehouse - Renovated industrial space featuring crane and outdoor storage.
    Where is this warehouse located?
    The property is located at 3000 Shelby St Indianapolis, IN.
    What are key features of this property?
    This property features: - ± 15,500 SF Available: Substantial space for various industrial uses.; - 28’ Clear Height & Clear Span: Provides ample vertical space and unobstructed layout.; - New 25-Ton Overhead Bridge Crane: Significant upgrade for heavy lifting capabilities.
    (317) 713-2100
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    3000 Shelby St Indianapolis, IN 46203
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    Indianapolis, IN 46203
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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
    3000 Shelby St Indianapolis, IN 46203
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