2160 Fletcher Ave Indianapolis, IN 46203-1406
This exceptional 13,824-square-foot flex space presents a compelling investment opportunity at $995,000. Situated on Indianapolis's near east side, this property enjoys convenient proximity to the city's downtown core. Built in 1949, the warehouse boasts a desirable blend of functionality and accessibility. Two convenient points of ingress and egress ensure efficient operations, while oversized drive-in doors facilitate easy loading and unloading of goods. Modern LED lighting enhances the workspace's efficiency and brightness, reducing energy costs. The property also includes valuable outdoor yard space, providing ample room for storage or maneuvering. This industrial property, classified as a flex space, is ideally suited for an owner-user seeking a versatile and strategically located facility in Marion County, Indiana. The property's address is 2160 Fletcher Avenue, Indianapolis, IN 46203. Its location offers excellent access to major transportation routes, making it an attractive option for businesses requiring efficient logistics. The property's size and features make it suitable for a variety of industrial and commercial uses.
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
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.