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    Property profile & analytics
    OFF-MARKET
    Parking lots & garages

    1644 Edgewood Ave, Indianapolis, IN 46217-9295

    18,970 SF 5.1 ac lot Built 1977
    Entity Owned ~ Est. High Equity
    Property ID
    US31-0485201
    Property summary
    AI-generated overview

    This ±1.5-acre industrial property at 1644 W Edgewood Ave in Marion County offers a unique blend of flex space and extensive truck and trailer parking capabilities. The single-story building, zoned I-3, features approximately 6,200 square feet of office space, complete with showers and break areas for driver convenience. The property boasts twelve electrical hookups for added functionality. The lot itself is fully paved, fenced, and well-lit, ensuring security and ease of access. A significant portion of the existing office space could be readily converted back into up to two maintenance bays, providing flexibility for a variety of potential uses. Its prime location on Indy's south side offers quick access to major thoroughfares, I-465 and I-69, providing excellent logistical advantages. Abundant employee parking is also available. This locally owned and managed property presents a compelling opportunity for businesses requiring a combination of office space, secure parking, and convenient access to Indianapolis's transportation network. The property's existing infrastructure and zoning make it an ideal candidate for a range of industrial and logistical operations.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 1977
    Construction METAL FRAME
    Total area 18,970 SF
    Lot 5.1 ac (222,243 SF)
    Zoning code ZO01
    APN 49-14-03-113-002.000-500
    UPID US31-0485201
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • New Leasing Concepts LLC Trucking Company
    • Landstar System Inc Trucking Company
    • Go-Ko Inc Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Lk 1644 LLC
    Lk 1644 LLC
    since 2025
    7 recorded transactions
    2025
    2025
    2011
    2009
    1969
    1969
    1969
    Zoning & alternative use
    ZO01 · Indianapolis, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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