9130 Otis Ave Indianapolis, IN 46216
Multi-tenant industrial/office/flex space in Lawrence Village at Fort Harrison.
- Added:
- Jan 26, 2026
- Days on Market:
- 166
- Last Refresh:
- Jun 28 at 10:44 pm
Property Features for 9130 Otis Ave
General Information
- Standard status
- Active
- Size
- 16,840 SF
- Lot size
- 1.14 Acres
Listing office Keller Williams Indy Metro NE (317) 509-7943
Listing date Jan 26, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Convenient location: 2 miles from I‑465 with easy access to I‑69, I‑74, I‑70, and I‑65.
- ~13,848 SF of flexible space available for single or multiple tenants.
- Professionally managed, well‑maintained office/industrial/flex space.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $363.7k | $21.60 |
| − Vacancy | −$67.3k | −$4.00 |
| EGI | $296.5k | $17.60 |
| − OpEx | −$74.1k | −$4.40 |
| NOI | $222.3k | $13.20 |
Alternative Uses
Property Analytics
Current Use by Public Records
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