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    912 21St St Indianapolis, IN 46202

    For Lease
    $7 SF/Yr ($4,165 /Mo)

    7,140 SF Flex Building, Great Power

    Lot size:
    7,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7,140-square-foot flex building is ideally situated at 912 East 21st Street in Indianapolis, Indiana, zip code 46202. The property boasts a single-tenant occupancy, making it perfect for a business seeking a dedicated space. The building features a substantial 11-foot ceiling height, providing ample vertical space for various operational needs. Access is convenient with one drive-in door for easy loading and unloading of goods. Power is a significant advantage, with 400 amps of 3-phase power available, ensuring sufficient capacity for energy-intensive operations. The building's flex space configuration offers versatility, suitable for a range of industrial and commercial uses. Its location near the Monon Trail adds to its appeal, offering employees and visitors access to a popular recreational path. This property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial space in Indianapolis. The building's size, power capacity, and convenient features make it an attractive option for companies requiring a functional and efficient workspace. The single-tenant occupancy provides privacy and control over the entire space. This is a prime opportunity to secure a well-maintained and strategically positioned industrial property in a thriving Indianapolis location.

    Property Features for 912 21St St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,140 SF
    Total Rate
    4165

    Unit(s) available at that property

    Space
    Size
    7,140 SF
    Rate per SF
    $7
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Morris Mold & Machine ... Plastic Fabrication Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.140819279191
    Latitude
    39.795931754386

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    FAQs

    What type of property is this?
    Flex space - 7,140 SF Flex Building, Great Power
    Where is this flex space located?
    The property is located at 912 21St St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    Request Owner's contact information
    912 21St St Indianapolis, IN 46202
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    Indianapolis, IN 46202
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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
    912 21St St Indianapolis, IN 46202
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