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Heavy-Power Industrial Facility
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2929 N Shadeland Ave, Indianapolis, IN 46219

Industrial facility with substantial building capacity, variable clear heights, and heavy electrical service for demanding operations.

Property Size199,411 SF
Lot Size30.66 Acres
Price / SF$51.40
Days on Market47

Property Features for 2929 N Shadeland Ave

General Information

Standard status Active
Size 199,411 SF
Lot size 30.66 Acres
Property subtype INDUSTRIAL
Zoning I-2

Warehouse & Industrial

Clear Height 24 ft
Voltage 480 V
Three-Phase Power Yes
Heavy Power Yes

Building Details

Building Size 199,411 SF
Listing Agency: Colliers
Listed By: Andrea Hopper
Source: Moodyscre
Added: Sep 1 Changed: Oct 5 Last Checked: Oct 16 at 11:30AM

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 Colliers

Rey
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Investment Insights

Based on property information with market context.

The property comprises a 30.66-acre industrial site with I-2 zoning and an approximately 199,411-square-foot building. Clear height ranges from 16 to 24 feet across the facility, while multiple 480-volt, three-phase electrical services provide heavy power capacity.

Located at 2929 N Shadeland Ave in Indianapolis, Indiana, the site combines a large industrial building with substantial land area and specialized electrical infrastructure. The varying interior clear heights and heavy-power configuration are key physical characteristics of the property.

Key Highlights

  • 30.66 AC industrial site with I‑2 zoning
  • Approximately ±199,411 SF building
  • Clear height varies from 16' - 24'

Property Analytics

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Current Use

Hostess Brands Inc Bakery Hostess brand inc Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Restaurant Electrical Service Furniture & Home Goods

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

24 ft
Clear height
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby

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
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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

Frequently Asked Questions

What type of property is this?
Industrial property - Industrial facility with substantial building capacity, variable clear heights, and heavy electrical service for demanding operations.
Where is this industrial property located?
The property is located at 2929 N Shadeland Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $10,250,000.
What are key features of this property?
This property features: 30.66 AC industrial site with I‑2 zoning; Approximately ±199,411 SF building; Clear height varies from 16' - 24'
(317) 713-2128 Call to check price and availability
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