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Property profile & analytics
FOR LEASE
Warehouses

2235 Montcalm St Indianapolis, IN 46208

2,564 SF 1.49 ac lot Built 1920
Entity Owned 8-yr Hold Free & Clear
Property ID
US31-0909208
2235 Montcalm St, Indianapolis, IN 46208 For Lease
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2235 Montcalm St, Indianapolis, IN 46208
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Property summary
AI-generated overview

This exceptional industrial property, located in the desirable 16 Tech submarket, offers a 7,200 square foot building situated on a generous 4.75-acre lot zoned I-4. The single-story building features a 12' to 16' clear ceiling height, providing ample space for various industrial uses. Five drive-in doors (one 7'x8', two 10'x12', one 9'x12', and one 10'x14') facilitate efficient loading and unloading. The property boasts 400 amp, 480-volt, 3-phase power and 200 amp, 120/208-volt, single-phase power. The site is fully fenced and well-lit, enhancing security. The property is divided into two parcels: a north lot of approximately 3 acres with the 7,200 square foot building available for occupancy in October 2024, and a south lot of approximately 1.75 acres available in January 2025. Its prime location offers excellent proximity to I-65 and Downtown Indianapolis, making it an ideal location for businesses needing convenient access to major transportation routes and the city center. This property is perfect for outdoor storage users. Contact us for pricing details.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1920
Construction TYPE NOT SPECIFIED
Total area 2,564 SF
Lot 1.49 ac (64,861 SF)
Zoning code ZO01
APN 49-06-27-141-005.000-101
UPID US31-0909208
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
  • Recycle Pros Indy Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Montcalm Properties LLC · 8 yrs held
Montcalm Properties LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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