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    5058 79Th St Indianapolis, IN 46268

    For Lease
    Contact for pricing

    Modern Flex Space, 2,801 sq ft

    Lot size:
    53,498 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional flex space, located within the desirable Park 100 submarket, offers 2,801 square feet of versatile commercial space. Part of a larger 53,498 square foot industrial building constructed in 1981, this unit is ideal for businesses needing a blend of office and warehouse functionality. The space features a 14-foot ceiling height, providing ample vertical storage or operational space. Convenient loading and unloading is facilitated by both dock-high and drive-in doors, ensuring efficient logistics. The building is zoned I-4, allowing for a variety of industrial and flex uses. The existing built-out office space provides immediate functionality, minimizing upfront tenant improvement costs. This unit is part of a multi-tenant building, offering a collaborative and established business environment within the thriving Park 100 community. The location's strategic placement within Park 100 provides easy access to major transportation routes and amenities, enhancing operational efficiency and employee convenience. This is a rare opportunity to secure a well-appointed flex space in a highly sought-after location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 5058 79Th St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,498 SF

    Building Details

    Year Built
    1981

    Unit(s) available at that property

    Space
    5112 W 79th St
    Size
    2,801 SF

    HighLights

    • 53,498 SF industrial flex building in the Park 100 submarket.
    • Multiple tenants occupy the building, built in 1981.
    • One 2,801 SF flex space is currently available.
    • Features 14' ceilings.
    • Zoned I‑4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R.S. Hughes | Indianapolis Industrial Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop 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
    -86.2515372
    Latitude
    39.8970152

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, 2,801 sq ft
    Where is this flex space located?
    The property is located at 5058 79Th St Indianapolis, IN.
    What are key features of this property?
    This property features: 53,498 SF industrial flex building in the Park 100 submarket.; Multiple tenants occupy the building, built in 1981.; One 2,801 SF flex space is currently available.
    Request Owner's contact information
    5058 79Th St Indianapolis, IN 46268
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    Indianapolis, IN 46268
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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
    5058 79Th St Indianapolis, IN 46268
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