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Industrial Lot with Three Buildings
For Sale
$2,200,000

2000 Dr Martin Luther King Jr St, Indianapolis, IN 46202

Large industrial lot with three buildings, suitable for industrial or commercial.

Property SizeContact for details
Lot Size2.83 Acres
Days on Market1122

Property Features for 2000 Dr Martin Luther King Jr St

General Information

Standard status Active
Lot size 2.83 Acres
Listing Agency: Midland Realty Group, Inc.
Listed By: Jhirmal Singh · License #RB20002065
Source: Exprealty
Added: Jul 27, 2023 Changed: Aug 20 Last Checked: Aug 21 at 11:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Midland Realty Group, Inc.

Investment Insights

Based on property information with market context.

This large industrial lot features three buildings and is zoned I-4, making it suitable for industrial or commercial use. The property includes multiple high doors and has been recently renovated. Its location offers nearby interstate access and benefits from substantial local traffic. The property is suited for various light or medium industrial applications, as well as commercial opportunities.

Key Highlights

  • Large industrial lot featuring three buildings.
  • Zoned I‑4, making it suitable for a range of industrial or commercial applications.
  • Multiple high doors provide easy access for various operations.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store HVAC Service Kitchen & Bath Showroom Furniture & Home Goods Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,302
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Large industrial lot with three buildings, suitable for industrial or commercial.
Where is this industrial property located?
The property is located at 2000 Dr Martin Luther King Jr St Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Large industrial lot featuring three buildings.; Zoned I‑4, making it suitable for a range of industrial or commercial applications.; Multiple high doors provide easy access for various operations.
More about this property
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