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    5793 Park Plaza Ct Indianapolis, IN 46220

    Sponsored
    For Lease
    $10 SF/Yr

    Indianapolis Flex Warehouse Space Available

    Lot size:
    98,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 5793 Park Plaza Ct., Indianapolis, IN 46220, offers 98,080 square feet of flexible space across two Class B buildings. The property features a single-story design and is ideally situated on Binford Blvd., between 65th and 71st Streets, providing high visibility and easy access. Currently, one 6,300 square foot unit is available for lease within this multi-tenant complex. The location boasts convenient access to major thoroughfares, including the I-465/I-69 interchange (approximately one mile south), offering seamless connectivity throughout the Indianapolis metropolitan area. The surrounding area is rich with amenities, including shopping, dining, and gas stations, enhancing the convenience for employees and clients. Ample parking is available to accommodate business needs. This prime location is perfect for startups, expanding businesses, or established companies seeking a strategic location to thrive in Indianapolis's dynamic industrial landscape. The property's flexible design caters to a variety of industrial, warehouse, distribution, and R&D uses. Don't miss this opportunity to secure a space in this sought-after industrial park.

    Property Features for 5793 Park Plaza Ct

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,080 SF
    Class
    B
    Total Rate
    81733.33

    Building Details

    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    5793-5795 Park Plaza Ct.
    Size
    6,300 SF
    Rate per SF
    $10

    HighLights

    • Flex industrial space available for lease.
    • One remaining 6,300 SF unit available.
    • New ownership.
    • Excellent access to I‑465/I‑69 interchange (approx. 1 mile).
    • High‑visibility Binford Blvd. frontage.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0740665
    Latitude
    39.8797677

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    FAQs

    What type of property is this?
    Life science property - Indianapolis Flex Warehouse Space Available
    Where is this life science property located?
    The property is located at 5793 Park Plaza Ct Indianapolis, IN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Flex industrial space available for lease.; One remaining 6,300 SF unit available.; New ownership.
    Request Owner's contact information
    5793 Park Plaza Ct Indianapolis, IN 46220
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    Indianapolis, IN 46220
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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
    5793 Park Plaza Ct Indianapolis, IN 46220
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