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    7250 86Th St Indianapolis, IN 46256

    Sponsored
    For Lease
    $9 SF/Yr

    Prime I-69 Flex Space; Multiple Units Available

    Lot size:
    160,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional flex space opportunity at Castle Point Trade Center offers four buildings totaling 160,855 square feet, strategically located with immediate access to I-69 via the 82nd and 96th Street interchanges. Built in 1985, the property boasts 12-16 foot clear ceiling heights, providing ample space for various industrial and flex uses. The buildings feature both dock and drive-in loading capabilities, ensuring efficient operations. Currently, there are two available spaces ranging from 2,000 to 4,584 square feet, with a total of 4,950 square feet of vacant space. The property is zoned I-3 and offers ample on-site parking. Enjoy excellent interstate visibility and the convenience of being adjacent to USPS, UPS, and FedEx distribution hubs. Numerous amenities, including retail centers, restaurants, and hotels, are located nearby, enhancing the property's appeal and accessibility. This is an ideal location for businesses seeking efficient, well-located industrial or flex space with excellent access to major transportation arteries and supporting services.

    Property Features for 7250 86Th St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,855 SF
    Total Rate
    130694.69

    Building Details

    Year Built
    1985
    Buildings
    4

    Unit(s) available at that property

    Space
    7270
    Size
    4,584 SF
    Rate per SF
    $9
    Space
    7221
    Size
    2,000 SF
    Rate per SF
    $10

    HighLights

    • 160,855 SF industrial flex space in four buildings.
    • 1985 construction.
    • 12‑16' clear height ceilings.
    • Dock‑high and drive‑in loading.
    • I‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Air Technologies Air Compressor Supplier OTC Industrial Technologies Industrial Equipment Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.040821
    Latitude
    39.91315

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    FAQs

    What type of property is this?
    Flex space - Prime I-69 Flex Space; Multiple Units Available
    Where is this flex space located?
    The property is located at 7250 86Th St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $9-$10 SF/Yr.
    What are key features of this property?
    This property features: 160,855 SF industrial flex space in four buildings.; 1985 construction.; 12-16' clear height ceilings.
    Request Owner's contact information
    7250 86Th St Indianapolis, IN 46256
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    Indianapolis, IN 46256
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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
    7250 86Th St Indianapolis, IN 46256
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