4200 W Morris St, Indianapolis, IN
Three-building industrial portfolio with billboard lease and I-70 access.
- Added:
- Jul 17, 2025
- Days on Market:
- 331
- Last Refresh:
- May 20 at 9:14 pm
Property Features for 4200 W Morris St
General Information
- Standard status
- Active
- Size
- 11,750 SF
- Lot size
- 0.84 Acres
- Property subtype
- INDUSTRIAL
Listing agent Wade Wilson License ##RB20000720 (317) 863-9271
Listing office SVN | Northern Commercial (317) 863-9271
Listing date Jul 17, 2025
Source Moodyscre
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
HighLights
- Excellent visibility and access to I‑70
- Heavy industrial zoning (I3) - outdoor storage permitted
- Billboard on site (+/- 13‑year lease in place)
- Three‑building industrial portfolio
- Property size: +/- 1 acre
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.7k | $7.80 |
| − Vacancy | −$8.0k | −$0.68 |
| EGI | $83.7k | $7.12 |
| − OpEx | −$12.6k | −$1.07 |
| NOI | $71.1k | $6.05 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.2303
- Latitude
- 39.7501
