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    845 W Troy Ave Indianapolis, IN 46203

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    For Lease
    Contact for pricing

    Newly renovated office and storage space near downtown Indianapolis.

    Property size:
    7,000 SF
    Lot size:
    3.59 Acres

    Property Features for 845 W Troy Ave

    General Information

    Size
    7,000 SF
    Lot size
    3.59 Acres

    Source: Colliers Agent Brian Dell

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

    Overview

    Renovated Office and Storage Space

    This property features approximately 4,300 square feet of newly renovated office space and 2,700 square feet of storage space, situated on approximately 1.3 acres. The site includes a 0.85-acre fenced storage and parking yard. The current grass area is slated for improvement with stone. Benefiting from desirable I-4 zoning, the property is located minutes from downtown Indianapolis, with quick access to I-70 and I-465. Two optional storage containers are available on site.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Similar Places Nearby

    Evershine Truck and Trailer

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.17272
    Latitude
    39.721375

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    FAQs

    What type of property is this?
    Warehouse - Newly renovated office and storage space near downtown Indianapolis.
    Where is this warehouse located?
    The property is located at 845 W Troy Ave Indianapolis, IN.
    What are key features of this property?
    This property features: - Approx. 4,300 SF of **newly renovated office space** & 2,700 SF of storage space on ± 1.3 Acres; - Desirable I-4 zoning; - Quick access to I-70 and I-465
    (317) 507-9875
    Request Owner's contact information
    845 W Troy Ave 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
    845 W Troy Ave Indianapolis, IN 46203
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