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    1644 Edgewood Ave Indianapolis, IN 46217

    Sponsored
    For Lease
    Contact for pricing

    Prime Indy location, flex space, ample parking.

    Lot size:
    6,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±1.5-acre industrial property at 1644 W Edgewood Ave in Marion County offers a unique blend of flex space and extensive truck and trailer parking capabilities. The single-story building, zoned I-3, features approximately 6,200 square feet of office space, complete with showers and break areas for driver convenience. The property boasts twelve electrical hookups for added functionality. The lot itself is fully paved, fenced, and well-lit, ensuring security and ease of access. A significant portion of the existing office space could be readily converted back into up to two maintenance bays, providing flexibility for a variety of potential uses. Its prime location on Indy's south side offers quick access to major thoroughfares, I-465 and I-69, providing excellent logistical advantages. Abundant employee parking is also available. This locally owned and managed property presents a compelling opportunity for businesses requiring a combination of office space, secure parking, and convenient access to Indianapolis's transportation network. The property's existing infrastructure and zoning make it an ideal candidate for a range of industrial and logistical operations.

    Property Features for 1644 Edgewood Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,200 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,200 SF

    HighLights

    • 1.6,200 SF office space with showers and break areas.
    • 2. Approximately 1.5‑acre lot with ample truck and trailer parking.
    • 3. 12 electrical hookups for trailers.
    • 4. Property is fenced, paved, and well‑lit.
    • 5. I‑3 zoning.
    • 6. Excellent location in Indianapolis, offering easy access to I‑465 and I‑69.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Leasing Concepts ... Trucking Company Landstar System Inc Trucking Company Go-Ko Inc Trucking Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1900315
    Latitude
    39.6789411

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    FAQs

    What type of property is this?
    Flex space - Prime Indy location, flex space, ample parking.
    Where is this flex space located?
    The property is located at 1644 Edgewood Ave Indianapolis, IN.
    What are key features of this property?
    This property features: 1.6,200 SF office space with showers and break areas.; 2. Approximately 1.5-acre lot with ample truck and trailer parking.; 3. 12 electrical hookups for trailers.
    Request Owner's contact information
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    Indianapolis, IN 46217
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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
    1644 Edgewood Ave Indianapolis, IN 46217
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