2235 Montcalm St Indianapolis, IN 46208
For Lease
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.
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Recycle Pros Indy Recycling Center Waste Management 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, INCosts & 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.