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Two-Story Warehouse and Office
For Sale
Contact for pricing
Pending

1415 Drover Street, Indianapolis, IN 46221

Two-story building with upper office build-out, lower warehouse, and two drive-in doors plus heavy 5,600-amp power.

Property SizeContact for details
Lot Size2.88 Acres
Days on Market145

Property Features for 1415 Drover Street

General Information

Standard status Pending
Total Parking Spaces 60
Lot size 2.88 Acres
Property subtype Industrial
Zoning I-4-u

Warehouse & Industrial

Drive-In Doors 2
Heavy Power Yes

Additional Details

Outdoor Storage Yes

Building Details

Stories 2
Listing Agency: RE/MAX - Indianapolis
Listed By: Allen Culpepper · License #IN RB14037770
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Sep 2 at 2:20AM

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 RE/MAX - Indianapolis

Investment Insights

Based on property information with market context.

This two-story facility features an upper level office build-out and a lower level warehouse. The building is 100% air conditioned and heated, with two drive-in doors and heavy electrical service of 5,600 amps. Outside storage space is also available, with reported capacity for space for up to 60 trucks.

The property is located at 1415 Drover Street in Indianapolis, IN, adjacent to Lilly. The site is reported to be about 2 miles to downtown and about 6 miles to I-465. Zoned I-4-u, the facility is offered for sale.

Key Highlights

  • Two‑story building with upper‑level office build‑out and lower‑level warehouse space
  • Two drive‑in doors with outside storage space and room for 60 trucks
  • 2.88‑acre lot adjacent to Lilly

Property Analytics

Current Use

Back 9 Golf ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Pharmacy Nail Salon HVAC Service

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

Lease Details

2
Drive-in doors
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • BLESSED BEYOND MEASURES LLC 619 Marion Ave, Indianapolis, IN 46221

Frequently Asked Questions

What type of property is this?
Flex space - Two-story building with upper office build-out, lower warehouse, and two drive-in doors plus heavy 5,600-amp power.
Where is this flex space located?
The property is located at 1415 Drover Street Indianapolis, IN.
What are key features of this property?
This property features: Two‑story building with upper‑level office build‑out and lower‑level warehouse space; Two drive‑in doors with outside storage space and room for 60 trucks; 2.88‑acre lot adjacent to Lilly
More about this property
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