Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8247 Indy Ct Indianapolis, IN 46214

    • Commercial real estate
    • 31,824 SF
    • 3.41 lot acres
    For Lease
    View listing
    $9 SF/Yr
    Value Estimation
    $535,000
    Last Sale
    Jun 17, 2021
    Location Intelligence
    Property ID
    US31-0587751
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • American Specialty Business International LLC / Promotional Products Supplier
    • Genco Power Sales LLC / Electrical Equipment Supplier

    Property Details for 8247 Indy Ct

    Year built
    1988
    Construction
    WOOD
    Lot size
    3.41 lot acres
    Property size
    31,824 SF
    Zone code
    ZO01
    Property type
    Commercial real estate
    APN
    49-05-34-100-023.000-900
    APU
    490534100023000900

    Description

    This exceptional Indianapolis industrial flex property, located at 8247 Indy Ct, offers a versatile space ideal for various business needs. The building, totaling 31,824 square feet, sits on a well-maintained 3.41-acre lot in Marion County, Indiana, zip code 46214. Currently, one unit of 3,500 square feet is available for lease. The property's zoning is I-3, allowing for a range of industrial, flex, warehouse, R&D, and manufacturing uses. The single-story building provides convenient access to major transportation arteries, including easy connections to I-65, I-70, and I-74 via the western section of the I-465 Indianapolis loop. This prime location offers excellent visibility and accessibility for businesses seeking a strategic presence in the Indianapolis market. The property is multi-tenant, providing a collaborative environment. Interested parties should inquire about the available 3,500 square foot unit and explore the possibilities this well-maintained industrial space offers. The property's size and location make it an attractive option for companies seeking efficient and strategically located industrial space in Indianapolis.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $610,000
      6.5%
      $615,000
      7%
      $655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $635,000
      Geo Method
      $650,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $675,000
      Retail
      $545,000
      Mixed-Use
      $565,000
      Hospitality
      $620,000
      Educational
      $700,000
      Residential Income
      $625,000
      Energy
      $595,000
      Income-Based Land
      $610,000
      Food Service
      $535,000

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.3066
    Latitude
    39.7902
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,327
    $273,400
    $273,700
    $547,100
    -
    $273,400
    $273,700
    $547,100

    Comparable in this City

    • Value Estimation by Request
      720 SF

      7777 Crawfordsville Rd

      COMMERCIAL (GENERAL) • 720 SF
      7777 Crawfordsville Rd, Indianapolis, IN 46214
      View Details
    • Value Estimation by Request
      17,720 SF

      7904 Rockville Rd

      COMMERCIAL (GENERAL) • 17,720 SF
      7904 Rockville Rd, Indianapolis, IN 46214-3107
      View Details
    • Value Estimation
      $245,000
      0.90 Acres

      8091 Crawfordsville Rd

      SHOW ROOM, WAREHOUSE • 0.90 Acres
      8091 Crawfordsville Rd, Indianapolis, IN 46214-1531
      View Details
    • Value Estimation
      $315,000
      7,600 SF

      7421 Crawfordsville Rd

      COMMERCIAL (GENERAL) • 7,600 SF
      7421 Crawfordsville Rd, Indianapolis, IN 46214-1571
      View Details
    • Value Estimation
      $295,000
      3,960 SF

      7950 10th St

      COMMERCIAL (GENERAL) • 3,960 SF
      7950 10th St, Indianapolis, IN 46214-2435
      View Details
    • Value Estimation
      $310,000
      448 SF

      7329 Rockville Rd

      COMMERCIAL (GENERAL) • 448 SF
      7329 Rockville Rd, Indianapolis, IN 46214-3069
      View Details

    Similar Nearby for Sale

    • $175,000

      Two-Story Condo with Patio

      Two-bedroom condo with landscaped patio, close to amenities.
      3708 Magenta Ln, Indianapolis, IN 46214
      View Details
    • Contact for pricing

      Land Available on Rockville Road

      2.3 acres of land for sale in Indianapolis.
      8150 Rockville Rd, Indianapolis, IN 46214
      View Details
    • $195,000

      Woodland Condo with Pond View

      Condo with pond views, loft, and updated features.
      7135 Bay Point Ct, Indianapolis, IN 46214
      View Details
    • $182,000
      2,016 SF

      Spacious Condo Near Eagle Creek

      Three-bedroom condo with updated kitchen, fireplace, and oversized garage.
      3131 Stillmeadow Dr, Indianapolis, IN 46214
      View Details
    • $159,900
      965 SF

      Updated Home Near Speedway & Eagle Creek

      Cozy, updated home near Speedway and Eagle Creek, move-in ready.
      7861 Hunters Path, Indianapolis, IN 46214
      View Details
    • Contact for pricing

      Redevelopment Opportunity Near Downtown Indianapolis

      0.45 acres ideal for redevelopment near downtown Indianapolis.
      7120 W 10Th St, Indianapolis, IN 46214
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      1,783 SF

      Industrial/Flex Space Available For Lease

      Multi-tenant industrial/flex property with easy access to major interstates.
      1203 Indy Way, Indianapolis, IN 46214
      View Details
    • Contact for pricing
      31,152 SF

      Westpoint Commons Retail Endcap

      High-traffic Indianapolis retail space available.
      8202 Rockville Rd, Indianapolis, IN 46214
      View Details
    • $9 SF/Yr
      31,824 SF

      Indy Court Flex Space Available

      Indianapolis Industrial Flex Space: 3,500 SF Available
      8247 Indy Ct, Indianapolis, IN 46214
      View Details
    • $9 SF/Yr
      1,200 SF

      Industrial/Flex Space Available For Lease

      Multi-tenant industrial/flex property with easy highway access.
      8235-8295 Indy Ct, Indianapolis, IN 46214
      View Details
    • Contact for pricing
      126,408 SF

      Chapel Hill Shopping Center Investment

      Indianapolis Retail Center: High Traffic Area
      7315 10Th St, Indianapolis, IN 46214
      View Details
    • $8 SF/Yr
      3,840 SF

      Industrial Flex Space Available

      Multi-tenant industrial/flex property with easy highway access.
      8225 Indy Ln, Indianapolis, IN 46214
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8247 Indy Ct
    Indianapolis, IN 46214
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.