Warehouse For
For Sale
$250,000
6302 W Thompson Rd, Indianapolis, IN 46221
Warehouse property available for sale in Marion County, suited for businesses needing dedicated storage space.
Property Size1,916 SF
Price / SF$130.48
Days on Market118
Property Features for 6302 W Thompson Rd
General Information
Standard status
Active
Size
1,916 SF
Building Details
Year Built
1935
Listing Agency:
Carpenter, REALTORS
Listed By:
Christina Woods
(317) 223-6662
Source:
Eveloteam
Added: Jun 21
Changed: Oct 12
Last Checked: Oct 7 at 3:25PM
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 Carpenter, REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is a warehouse property presented for sale. The asset is categorized as a warehouse, providing a practical platform for companies that require dedicated storage and operational space within a warehouse setting. Prospective buyers should review the property in person to confirm the specific layout and condition details that will support their intended use.
The property is located at 6302 W Thompson Road in Marion County. Directions are noted as GPS friendly, which can simplify planning for buyer and broker showings.
From a tenant or operator standpoint, a warehouse configuration typically supports logistics-minded uses where inventory storage and straightforward access to workspace are important. If you are evaluating this property for an owner-occupied or investment strategy, the next steps are to confirm the building’s functional characteristics during site review, including how the space can be organized for your operational needs. Because the available information does not specify additional features, buyers should focus their due diligence on confirming the attributes that matter most for their business goals.
The property is located at 6302 W Thompson Road in Marion County. Directions are noted as GPS friendly, which can simplify planning for buyer and broker showings.
From a tenant or operator standpoint, a warehouse configuration typically supports logistics-minded uses where inventory storage and straightforward access to workspace are important. If you are evaluating this property for an owner-occupied or investment strategy, the next steps are to confirm the building’s functional characteristics during site review, including how the space can be organized for your operational needs. Because the available information does not specify additional features, buyers should focus their due diligence on confirming the attributes that matter most for their business goals.
Key Highlights
- Warehouse property for sale in Marion County with dedicated storage space
- Year built: 1935
- Central air conditioning and forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,598
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,960
$232.0K
Cap Rate 7%
$165,686
$165.7K
Cap Rate 9%
$128,867
$128.9K
Market Conditions
NOI Build-Up for 1,916 SF
Gross rent
$14.9K $7.80/SF
− Vacancy
−$1.3K −$0.68/SF
EGI
$13.6K $7.12/SF
− OpEx
−$2.0K −$1.07/SF
NOI
$11.6K $6.05/SF
Area
Indianapolis, IN
Vacancy
8.70%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,960
Cap Rate 7%
$165,686
Cap Rate 9%
$128,867
Alternative Uses
Best Use
Warehouse
$165.7K
$145.0K – $193.3K
NOI $11,598 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.9K
$417.3K – $556.4K
NOI $33,384 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Indianapolis, IN
Similar Off Market Nearby
- Security Storage — 4811 S High School Rd, Indianapolis, IN 46221
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property available for sale in Marion County, suited for businesses needing dedicated storage space.
Where is this warehouse located?
The property is located at 6302 W Thompson Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Warehouse property for sale in Marion County with dedicated storage space; Year built: 1935; Central air conditioning and forced‑air heating
