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Freestanding Industrial Building
For Lease
$10,000/Mo

2845 Tobey Dr, Indianapolis, IN 46219

Freestanding industrial building with I-3 zoning and permitted outdoor storage on 1.22 acres.

Space Size7,602 SF
Lot Size1.22 Acres
Days on Market97

Property Features for 2845 Tobey Dr

General Information

Standard status Active
Size 7,602 SF
Lot size 1.22 Acres
Property subtype Industrial
Zoning I-3
Lease Term NNN

Site & Location

Neighborhood Washington Place
Highway Access Yes
Outdoor Storage Yes

Additional Details

Heavy Power Yes

Building Details

Building Size 7,602 SF
Year Built 1966

Spaces For Lease

at 2845 Tobey Dr
2845 Tobey Dr $10,000/Mo
Size 7,602 SF
Term Negotiable
Contact us
Listing Agency: SVN | Northern Commercial
Listed By: Wade Wilson · License #IN #RB20000720
Source: Svn
Added: Jul 22 Changed: Oct 26 Last Checked: Oct 26 at 1:27PM

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 SVN | Northern Commercial

Rey
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Investment Insights

Based on property information with market context.

2845 Tobey Drive is a freestanding industrial building available for lease on approximately 1.22 acres. The space includes heavy 3-phase power (240/120V) and a roof that was replaced in 2024. The property is also described as having excess acreage to the north for parking and storage, and it is noted that outdoor storage is permitted under I-3 zoning.

The building is positioned in Indianapolis with connectivity noted to I-465 and I-70. A tenant is currently in place through 12/31/26.

The offering is for a single freestanding industrial structure with outdoor storage flexibility and the power required for heavier operational needs, supported by the listed electrical service and on-site acreage.

Key Highlights

  • +/- 8,000 SF freestanding industrial building on 1.22 acres in Indianapolis, IN
  • I‑3 zoning with outdoor storage permitted
  • Heavy 3‑phase power (240/120V)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Transcat Indianapolis, Indiana ... (Bike/Boat/Book/etc) Store Transcat Indianapolis, Indiana ... Laboratory

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Restaurant

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

Yes
Heavy power
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$11.26 /SF/Yr
Avg Asking Price
$6–$16.6 /SF/Yr
Price Range
42,015 SF
Avg Space Size

This space is priced 33% above the average of $11.26 /SF/Yr.

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

Similar Off Market Nearby

  • Closetbox — 2521 Planes Dr, Indianapolis, IN 46219
  • Stacey Moving & Storage — 2635 Planes Dr, Indianapolis, IN 46219
  • Extra Space Storage — 3380 N Post Rd, Indianapolis, IN 46226

Frequently Asked Questions

What type of property is this?
Warehouse - Freestanding industrial building with I-3 zoning and permitted outdoor storage on 1.22 acres.
Where is this warehouse located?
The property is located at 2845 Tobey Dr Indianapolis, IN.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: +/- 8,000 SF freestanding industrial building on 1.22 acres in Indianapolis, IN; I‑3 zoning with outdoor storage permitted; Heavy 3‑phase power (240/120V)
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