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    5108 Massachusetts Ave Indianapolis, IN 46218

    For Sale
    Contact for pricing

    Industrial building featuring additional space on the second floor.

    Property size:
    4,624 SF
    Lot size:
    0.68 Acres

    Property Features for 5108 Massachusetts Ave

    General Information

    Size
    4,624 SF
    Lot size
    0.68 Acres

    Source: JLL | Indianapolis Agent Danny Scheidler

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

    Overview

    Industrial Building with Additional Space

    An industrial building is available for sale, located at 5108 Massachusetts Ave in Indianapolis. The building has a total area of 4,624 square feet, with approximately 3,500 square feet of additional space located on the second floor. The building features LED lighting and a clear height of 8 feet. It also includes two drive-in doors.
    Location Intelligence

    Current Use by Public Records

    Circle City 3D Commercial Printer Flex-Tech Air Conditioning Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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

    Recordspro

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.082596
    Latitude
    39.811491

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    FAQs

    What type of property is this?
    Warehouse - Industrial building featuring additional space on the second floor.
    Where is this warehouse located?
    The property is located at 5108 Massachusetts Ave Indianapolis, IN.
    What are key features of this property?
    This property features: - 4,624 SF Industrial Building Available; - Approximately 3,500 s.f. of Additional Space on 2nd Floor; - Features LED Lighting
    (317) 810-7695
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    5108 Massachusetts Ave Indianapolis, IN 46218
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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
    5108 Massachusetts Ave Indianapolis, IN 46218
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