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    217 Belmont Ave Indianapolis, IN 46222

    For Lease
    $2 SF/Yr

    Large industrial warehouse, immediate occupancy.

    Lot size:
    64,945 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional industrial warehouse property, located at 217 S Belmont Ave, Indianapolis, IN 46222, offers 64,945 square feet of immediately available space. Built in 1960, the property is classified as a multi-tenant warehouse and features approximately 2,700 square feet of office space. The warehouse boasts convenient access to both the Indianapolis central business district and Interstate 70, ensuring efficient logistics and transportation. Loading capabilities include two interior docks equipped with levelers, and a single 15-foot-tall grade-level drive-in door. The building offers a clear height of 18 to 22 feet, providing ample vertical space for storage and operations. The entire space is equipped with a wet sprinkler system, meeting essential safety standards. This property presents a significant opportunity for businesses seeking a substantial and well-located warehouse facility in Indianapolis. The property is ready for immediate occupancy. The total available space is 64,945 square feet.

    Property Features for 217 Belmont Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    64,945 SF

    Building Details

    Year Built
    1960

    Unit(s) available at that property

    Space
    Area 5
    Size
    64,945 SF
    Rate per SF
    $2

    HighLights

    • 64,945 SF immediately available industrial warehouse space at 217 S Belmont Ave, Indianapolis, IN 46222.
    • Multi‑tenant warehouse built in 1960 with approximately 2,700 SF of office space.
    • Convenient access to Indianapolis CBD and I‑70.
    • Loading features include two interior docks with levelers and one 15‑foot grade‑level drive‑in door.
    • Clear height of 18‑22 feet and a wet sprinkler system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Omni Materials Cement Supplier Funagain Logistics Warehouse Easy Heat Pellets/Belmont ... Warehouse Lovett Pallett Recycling Manufacturer Chop Chop Tree Tree Service

    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
    -86.1959339
    Latitude
    39.7629848

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, immediate occupancy.
    Where is this distribution property located?
    The property is located at 217 Belmont Ave Indianapolis, IN.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 64,945 SF immediately available industrial warehouse space at 217 S Belmont Ave, Indianapolis, IN 46222.; Multi-tenant warehouse built in 1960 with approximately 2,700 SF of office space.; Convenient access to Indianapolis CBD and I-70.
    Request Owner's contact information
    217 Belmont Ave Indianapolis, IN 46222
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    Indianapolis, IN 46222
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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
    217 Belmont Ave Indianapolis, IN 46222
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