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    1175 W 16Th St Indianapolis, IN 46202

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    For Sale
    $1,895,000

    15,900 SF warehouse adjacent to the 16 Tech District.

    Property size:
    15,900 SF
    Lot size:
    0.93 Acres

    Property Features for 1175 W 16Th St

    General Information

    Size
    15,900 SF
    Lot size
    0.93 Acres

    Source: Lee & Associates | Indianapolis Agent Spero G. Pulos

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

    Overview

    Warehouse Space Near 16 Tech

    This property features approximately 15,900 square feet of space situated on 0.93 acres. The available space includes around 3,100 square feet of office area. The main building is of masonry construction and has concrete floors. It is equipped with five high bay overhead doors and three bathrooms. A 6-foot security fence surrounds the property. An additional warehouse on the premises features steel construction. The property is zoned C-7 and is located directly adjacent to the New 16 Tech Innovation District.
    Insight Report Location Intelligence

    Current Use by Public Records

    Granite Depot of Indianapolis Countertop Store

    Suggested Use

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

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

    Similar Places Nearby

    Downtown indy self storage, Lombard Auto Clinic LLc

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.183114
    Latitude
    39.788422

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    FAQs

    What type of property is this?
    Warehouse - 15,900 SF warehouse adjacent to the 16 Tech District.
    Where is this warehouse located?
    The property is located at 1175 W 16Th St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Directly adjacent to the New 16 Tech Innovation District; - +/- 15,900 SF available on .93 AC; - Benefit from 5 high bay overhead doors
    (317) 844-2700
    Request Owner's contact information
    1175 W 16Th St Indianapolis, IN 46202
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    Indianapolis, IN 46202
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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
    1175 W 16Th St Indianapolis, IN 46202
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