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Flex/Warehouse Space with Fenced Lot
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55 S State Ave, Indianapolis, IN 46201

Flex/warehouse spaces with on-site security, maintenance, property management, and free parking, plus fenced land for storage.

Property Size409 SF
Lot Size2.00 Acres
Days on Market138

Property Features for 55 S State Ave

General Information

Standard status Active
Size 409 SF
Lot size 2.00 Acres
Property subtype FLEX_R_AND_D
Lease Type SF/yr

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Amenities

On-site security
maintenance
property management
free parking
Auditorium
conference center
shared breakroom
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Matt Ferguson · License #RB17000936
Source: Moodyscre
Added: Mar 16 Changed: Jul 30 Last Checked: Jul 30 at 12:33PM

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 Premier Commercial Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

55 S State Ave in Indianapolis offers flex/warehouse space designed for small business work needs, with space configurations that range from large to small options. Flex/warehouse spaces are available up to 10,000 SF.

The property also includes +/- 2 acres of fenced land, which can support additional parking and/or trailer storage. On-site security, maintenance, and property management are provided, along with free parking for occupants and guests. Additional shared amenities include an auditorium and conference center, plus a shared breakroom.

This setup can support a variety of operational uses that benefit from both workspace and controlled outdoor storage, depending on the size and configuration selected within the flex/warehouse offering.

Key Highlights

  • Flex/warehouse spaces available up to 10,000 SF
  • +/- 2 acres of fenced land for additional parking and/or trailer storage
  • On‑site security, maintenance, and property management

Property Analytics

Current Use

E & F Electronics Electronics & Wireless Store MGR Premier Produce ... Agricultural Supply Tedrowe Inc Big Box & Wholesale Store Shield Protection Solutions ... Security Service Excel Web Host Marketing & Advertising

Suggested Use

Top Pick Spa & Massage Center Law Firm Dental Office Nail Salon Hair Salon Bakery

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
Fenced yard
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$80.57 /SF/Yr
Avg Asking Price
$8–$141 /SF/Yr
Price Range
4,767 SF
Avg Space Size

This space is priced 73% below the average of $80.57 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Casa Boricua — 1317 Lexington Ave, Indianapolis, IN 46203
  • Universal Catering — 1201 E New York St, Indianapolis, IN 46202
  • Quick bite — 730 S State Ave, Indianapolis, IN 46203
  • Terri's Corner Kitchen — 2805 E Michigan St, Indianapolis, IN 46201

Frequently Asked Questions

What type of property is this?
Flex space - Flex/warehouse spaces with on-site security, maintenance, property management, and free parking, plus fenced land for storage.
Where is this flex space located?
The property is located at 55 S State Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Flex/warehouse spaces available up to 10,000 SF; +/- 2 acres of fenced land for additional parking and/or trailer storage; On‑site security, maintenance, and property management
(317) 679-4046 Call to check price and availability
More about this property
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