1425 Ray St Indianapolis, IN 46221-1349
This exceptional 966-square-foot office space is available for lease at a gross monthly rate of $1,000. Located in Indianapolis, Indiana, at 1425 W Ray St, zip code 46221, this single-tenant property offers a convenient and strategic location. Its proximity to downtown Indianapolis ensures easy access to the city's amenities and business districts. The property benefits from its adjacency to I-70 and its close proximity to I-465 (only 4 miles away), providing excellent interstate connectivity for seamless commutes and transportation of goods and services. The building itself comprises a main office area and two additional private offices, providing ample space for a variety of business needs. A valuable addition is the inclusion of a garage, offering secure parking and storage. This traditional office space presents a compelling opportunity for businesses seeking a well-located, functional, and conveniently sized office in a thriving urban setting. The property is ready for immediate occupancy.
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St Lewis Semi-Truck & Auto Mobile Detailing Car Wash
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St lewis Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.