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    1800 Churchman Ave Indianapolis, IN 46203

    For Lease
    $2 SF/Yr

    Large Flex Space, Multiple Tenants Available

    Lot size:
    214,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional flex space at 1800 Churchman Ave in Indianapolis offers 214,650 square feet of versatile industrial space, perfect for multiple tenants. The property boasts approximately 18.48 acres of land and features 16 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading. Ceiling heights range from 11.5' to 17.5', providing ample vertical space. The building includes approximately 11,000 square feet of newly remodeled office space. This I-3 zoned property offers significant potential, including CSX rail access with over 1,200 feet of frontage. The property also benefits from heavy power (480 volt / 5,200 amp / 3-phase power) and a wet sprinkler system. Units are divisible down to 38,756 square feet, with the maximum contiguous space being the entire 214,650 square feet. Located approximately 1.2 miles from I-65, this property provides easy access to major transportation routes and a strong labor force. Its close proximity to downtown Indianapolis adds further appeal. Additionally, approximately 1.88 additional acres are available. This is a prime opportunity for businesses seeking a strategic location with substantial space and excellent infrastructure.

    Property Features for 1800 Churchman Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    214,650 SF
    Total Rate
    52768.13

    Unit(s) available at that property

    Space
    Suite 1
    Size
    56,625 SF
    Rate per SF
    $3
    Space
    Suite 3
    Size
    58,877 SF
    Rate per SF
    $3
    Space
    Suite 4
    Size
    38,756 SF
    Rate per SF
    $4
    Space
    Suite 5
    Size
    89,500 SF
    Rate per SF
    $3
    Space
    Suite 2 & 3
    Size
    115,502 SF
    Rate per SF
    $3
    Space
    Suite 4 & 5
    Size
    89,500 SF
    Rate per SF
    $3
    Space
    Suite 2
    Size
    8,500 SF
    Rate per SF
    $4
    Space
    Suite 2 - 4
    Size
    154,215 SF
    Space
    Total Building
    Size
    214,650 SF
    Rate per SF
    $2

    HighLights

    • 214,650 SF industrial flex space available in Indianapolis.
    • Approximately 11,000 SF of newly remodeled office space included.
    • 18.48‑acre lot with potential for CSX rail access.
    • I‑3 zoning.
    • Building features 16 dock‑high doors and 3 drive‑ins, with ceiling heights ranging from 11.5' to 17.5'.
    • Heavy power: 480‑volt, 5,200‑amp, 3‑phase power and wet sprinkler system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pinnacle Voice & Data ... Telecommunications Used-Palletrack.com Industrial Equipment Supplier Material Handling Exchange Industrial Equipment Supplier CLL Investments,LLC Warehouse CLL Real Estate ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1250396
    Latitude
    39.7427755

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    FAQs

    What type of property is this?
    Flex space - Large Flex Space, Multiple Tenants Available
    Where is this flex space located?
    The property is located at 1800 Churchman Ave Indianapolis, IN.
    What is the lease rate?
    The lease rate is $0.00-$4 SF/Yr.
    What are key features of this property?
    This property features: 214,650 SF industrial flex space available in Indianapolis.; Approximately 11,000 SF of newly remodeled office space included.; 18.48-acre lot with potential for CSX rail access.
    Request Owner's contact information
    1800 Churchman Ave Indianapolis, IN 46203
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    Indianapolis, IN 46203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1800 Churchman Ave Indianapolis, IN 46203
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