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5.4 Acres Outdoor Storage Space
For Lease
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2505 N Sherman Dr, Indianapolis, IN 46218

Divisible 5.4 acre outdoor storage space for lease.

Space SizeContact for details
Lot Size5.40 Acres
Days on Market894

Property Features for 2505 N Sherman Dr

General Information

Standard status Active
Lot size 5.40 Acres
Property subtype Land

Building Details

Tenancy Single

Spaces For Lease

at 2505 N Sherman Dr Contact us

Available Space

Type
Land
Availability
Active
Contact us
Listing Agency: Rize Commercial Realty LLC
Listed By: Karan Cheema · License #IN RB16001799
Source: Crexi
Added: Mar 18, 2024 Changed: Aug 27 Last Checked: Aug 26 at 12:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rize Commercial Realty LLC

Investment Insights

Based on property information with market context.

Approximately 5.4 acres of divisible outdoor storage space is available for lease in near eastside Indianapolis. The property is zoned I-2 and features a gravel-covered lot. It offers about 320 feet of frontage on N Sherman Dr. The location provides convenient access to transportation, with I-70 situated 2 miles away and I-465 located 5 miles away. This commercial and industrial land is suitable for commercial real estate purposes.

Key Highlights

  • Large 5.4 acre outdoor storage space, divisible to suit your needs.
  • Zoned I‑2, allowing for a variety of industrial uses.
  • Quick access to I‑70 (2 miles) and I‑465 (5 miles).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Divisible 5.4 acre outdoor storage space for lease.
Where is this commercial land located?
The property is located at 2505 N Sherman Dr Indianapolis, IN.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: Large 5.4 acre outdoor storage space, divisible to suit your needs.; Zoned I‑2, allowing for a variety of industrial uses.; Quick access to I‑70 (2 miles) and I‑465 (5 miles).
(317) 657-9985 Call to check price and availability
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