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    5214 79Th St Indianapolis, IN 46268

    For Lease
    Contact for pricing

    Indianapolis Industrial Space: 15,309 SF

    Lot size:
    51,914 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional flex/warehouse space, located at 5214 W 79th St in Indianapolis, Indiana, offers 15,309 square feet within the larger Park 100 Building 36. Built in 1975, the building boasts a total of 51,914 square feet and features a desirable 14-foot ceiling height. The space is ideal for a variety of businesses, offering a blend of functional warehouse space and well-appointed office areas. Convenient features include loading docks and drive-in doors for efficient material handling. Ample parking is available on-site, ensuring convenient access for employees and clients. The property's strategic location within the Park 100 submarket of Marion County provides easy access to major interstate highways, simplifying transportation and logistics. The I-1-S zoning designation further enhances the property's versatility and potential uses. This single available space is part of a multi-tenant building, offering a collaborative and dynamic work environment. The surrounding area offers numerous amenities, making it an attractive location for businesses and employees alike. The property's combination of functionality, accessibility, and location makes it a compelling opportunity for businesses seeking a well-equipped and conveniently situated industrial space in Indianapolis. The zip code is 46268.

    Property Features for 5214 79Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,914 SF

    Building Details

    Year Built
    1975

    Unit(s) available at that property

    Space
    5242-5248 W 79th St
    Size
    15,309 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Solideal On-Site Service Material Handling Equipment Supplier

    Suggested Use

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

    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?
    Distribution property - Indianapolis Industrial Space: 15,309 SF
    Where is this distribution property located?
    The property is located at 5214 79Th St Indianapolis, IN.
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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
    5214 79Th St Indianapolis, IN 46268
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