Property summary
This exceptional 12,000-square-foot industrial flex space, located at 1927 N Capitol Avenue in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1963, this single-tenant property boasts a desirable location with excellent frontage on Capitol Avenue in Marion County's Indianapolis submarket. The building features a functional layout ideal for a variety of uses, thanks to its flexible zoning (HD-2). The high ceilings, measuring approximately 13 feet, provide ample… vertical space for storage or specialized equipment. Convenient drive-in access is provided by a single loading dock, streamlining operations and enhancing efficiency. The property's single-tenant occupancy offers stability and ease of management. Its strategic location within the Indianapolis submarket provides easy access to major transportation routes, ensuring seamless logistics and distribution. This property is zoned HD-2, offering versatility for various business types. The address is 1927 N Capitol Ave, Indianapolis, IN 46202. This is a rare opportunity to acquire a well-maintained industrial flex space in a thriving Indianapolis location. The property's size, features, and location make it an attractive option for businesses seeking a functional and strategically located space.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 12,000 SF
- Lot area
- 0.21 ac
- Year built
- 1963
- Stories
- 1
- APN
- 49-06-35-116-002.000-101
- Zoning
- ZO01
- Assessed value · 2023
- $241,100
- Annual tax · 2023
- $6,688
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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