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    5603 Raymond St Indianapolis, IN 46241

    Sponsored
    For Lease
    Contact for pricing

    Marion County Industrial Flex Spaces for Lease

    Lot size:
    35,179 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional flex space offering at Park Fletcher Building 10 in Marion County presents a unique opportunity for businesses seeking versatile and functional industrial space. The property comprises a total of 35,179 square feet, currently offering five available units ranging in size from 2,226 square feet to 4,626 square feet. Each unit boasts a thoughtful design incorporating built-out office space, seamlessly blending professional office environments with efficient industrial functionality. The inclusion of drive-in doors provides convenient access for loading and unloading, streamlining operations and enhancing logistical efficiency. This multi-tenant building is ideally suited for a variety of businesses seeking a flexible and adaptable workspace. The location within Marion County offers excellent accessibility and connectivity, making it an attractive proposition for companies seeking a strategic base of operations. The property's design caters to diverse business needs, offering a blend of modern office amenities and practical industrial features. The available spaces provide ample room for growth and expansion, making it a suitable choice for businesses of various scales. Interested parties are encouraged to inquire for further details and scheduling a viewing. This is a prime opportunity to secure high-quality industrial flex space in a desirable Marion County location.

    Property Features for 5603 Raymond St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,179 SF

    Unit(s) available at that property

    Space
    Suite J
    Size
    2,226 SF
    Space
    Suite F
    Size
    2,282 SF
    Space
    Suite I
    Size
    2,400 SF
    Space
    Suite I & J
    Size
    4,626 SF
    Space
    Suite M
    Size
    2,400 SF

    HighLights

    • 35,179 SF Industrial Flex Building in Marion County.
    • Multiple tenancies available.
    • Five suites ranging from 2,226 SF to 4,626 SF.
    • Features built‑out office space and drive‑in doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    5 Star Pest ... Pest Control Service Katz David S ... Occupational Medical Physician Utility One Services Utility Contractor Wagner-Meinert, LLC Contractor WTC Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop 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
    -86.256729
    Latitude
    39.735268

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    FAQs

    What type of property is this?
    Flex space - Marion County Industrial Flex Spaces for Lease
    Where is this flex space located?
    The property is located at 5603 Raymond St Indianapolis, IN.
    What are key features of this property?
    This property features: 35,179 SF Industrial Flex Building in Marion County.; Multiple tenancies available.; Five suites ranging from 2,226 SF to 4,626 SF.
    Request Owner's contact information
    5603 Raymond St Indianapolis, IN 46241
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    Indianapolis, IN 46241
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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
    5603 Raymond St Indianapolis, IN 46241
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