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    8770 Commerce Park Pl Indianapolis, IN 46268

    For Lease
    $10 SF/Yr ($18,886 /Mo)

    Modern warehouse space, multiple units available.

    Lot size:
    21,585 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional warehouse property, Commerce Park Building 3, located at 8770 Commerce Park Place in Indianapolis, Indiana, presents a fantastic leasing opportunity. Situated in Marion County, zip code 46268, this industrial space boasts a total of 21,585 square feet, with 1,802 square feet currently vacant and ready for immediate occupancy. The property is zoned I-2-S, offering flexibility for various industrial uses. The building features multiple tenancy options, with available spaces ranging from 879 square feet to 3,556 square feet, catering to businesses of varying sizes. This prime location on Indianapolis' Northwest side provides easy access to major transportation routes, ensuring efficient logistics and distribution. The property's modern design and functionality make it an ideal choice for businesses seeking a high-quality warehouse space. Interested parties are encouraged to inquire about available unit sizes and lease terms. This is a rare opportunity to secure warehouse space in a desirable location with excellent accessibility. Don't miss out on this chance to establish your business in a thriving industrial area.

    Property Features for 8770 Commerce Park Pl

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,585 SF
    Total Rate
    18886.88

    Unit(s) available at that property

    Space
    Suite B
    Size
    3,556 SF
    Space
    Suite F
    Size
    879 SF
    Rate per SF
    $10

    HighLights

    • 21,585 SF building.
    • Drive‑in loading dock.
    • 11' clear ceiling height.
    • Abundant employee & client parking.
    • I‑2‑S zoning.
    • Nearby amenities including retail, restaurants, and hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schust Engineering Engineering Consultant UpWord Speech Therapy, ... Speech Pathologist Gordon N Stowe ... Entertainment e3 Diagnostics - Indianapolis Medical Equipment Supplier Leanne M. Lafuze, ... Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair 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
    -86.2335549
    Latitude
    39.9139169

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse space, multiple units available.
    Where is this distribution property located?
    The property is located at 8770 Commerce Park Pl Indianapolis, IN.
    What is the lease rate?
    The lease rate is $0.00-$10 SF/Yr.
    What are key features of this property?
    This property features: 21,585 SF building.; Drive-in loading dock.; 11' clear ceiling height.
    Request Owner's contact information
    8770 Commerce Park Pl 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
    8770 Commerce Park Pl Indianapolis, IN 46268
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