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    5000 79Th St Indianapolis, IN 46268

    Sponsored
    For Lease
    $276,000

    5-Acre Industrial Land, Pad Ready

    Lot size:
    209,959 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.82-acre industrial land parcel presents a prime investment opportunity in Indianapolis, Indiana. Strategically located in the heart of Park 100, this single-tenant property offers immediate outdoor storage capabilities and is zoned I-1 & I-3, allowing for significant development potential. The site is pad-ready, with existing drainage infrastructure in place, simplifying the construction process. A build-to-suit (BTS) option is available for up to approximately 57,000 square feet, catering to a wide range of industrial and commercial needs. Multiple ingress and egress points ensure efficient access and traffic flow. Benefit from excellent connectivity, situated just 1.3 miles from I-465 and approximately 4 miles from I-65, providing seamless access to major transportation arteries. This property is ideal for businesses seeking a well-located, fully prepared site for immediate occupancy or future expansion in a thriving industrial submarket. The site's location within Marion County, Indiana, offers access to a robust workforce and established infrastructure. Don't miss this chance to acquire a highly desirable industrial land parcel in a prime Indianapolis location.

    Property Features for 5000 79Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    209,959 SF
    Total Rate
    276000

    Unit(s) available at that property

    Space
    Size
    209,959 SF
    Rate per SF
    $276,000

    HighLights

    • 4.82‑acre industrial land parcel in Indianapolis, IN.
    • Located in Park 100, zoned I‑1 & I‑3, offering significant development potential.
    • Pad‑ready site with existing drainage and multiple access points.
    • Build‑to‑suit option available up to 57,000 square feet.
    • Excellent location, 1.3 miles from I‑465 and 4 miles from I‑65.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2445961
    Latitude
    39.8974178

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    FAQs

    What type of property is this?
    Land - 5-Acre Industrial Land, Pad Ready
    Where is this land located?
    The property is located at 5000 79Th St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $276,000.
    What are key features of this property?
    This property features: 4.82-acre industrial land parcel in Indianapolis, IN.; Located in Park 100, zoned I-1 & I-3, offering significant development potential.; Pad-ready site with existing drainage and multiple access points.
    Request Owner's contact information
    5000 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
    5000 79Th St Indianapolis, IN 46268
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