Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4740 Victory Ln Indianapolis, IN 46203-6076

    • Warehouses
    • 8.95 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1646167
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hellmann Worldwide Logistics- Indianapolis, IN Division / Logistics Service / Freight Forwarding Service

    Property Details for 4740 Victory Ln

    Year built
    2022
    Construction
    TYPE NOT SPECIFIED
    Lot size
    8.95 lot acres
    Zone code
    ZO01
    Property type
    Warehouses
    APN
    49-10-34-102-003.001-300
    APU
    491034102003001300

    Description

    This exceptional industrial property, located in Marion County's Victory Commerce Park, offers a total of 345,047 square feet of modern, cross-docked distribution space within two buildings. The facility is currently entirely vacant and immediately available, offering flexibility for a single large tenant or multiple smaller tenants. Divisible units start at 70,000 square feet, with a maximum contiguous space of 345,047 square feet. The property sits on a substantial 39.3-acre lot and boasts ceiling heights ranging from 28 to 36 feet, ideal for various industrial uses. Ample parking is available, accommodating between 101 and 284 vehicles and trailers, depending on configuration. The property is zoned I-2, providing versatility for a range of industrial operations. Its strategic location offers convenient access to both Downtown Indianapolis and the Indianapolis International Airport, enhancing logistical efficiency. A significant advantage is the approved 6/8-year real estate tax abatement, offering substantial cost savings. Furthermore, the property benefits from a strong local workforce and proximity to a nearby IndyGo bus stop, facilitating employee commuting. This turnkey facility presents a rare opportunity for businesses seeking a high-quality, strategically located industrial space in a thriving market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0778
    Latitude
    39.6982
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $40,095
    $1,115,000
    $4,962,100
    $6,077,100
    -
    $1,115,000
    $4,962,100
    $6,077,100

    Comparable in this City

    • Value Estimation by Request
      13,500 SF

      4731 Emerson Ave

      MINI-WAREHOUSE, STORAGE • 13,500 SF
      4731 Emerson Ave, Indianapolis, IN 46203-5935
      View Details
    • Value Estimation by Request
      7,480 SF

      5511 Elmwood Ave

      MINI-WAREHOUSE, STORAGE • 7,480 SF
      5511 Elmwood Ave, Indianapolis, IN 46203
      View Details
    • Value Estimation
      $510,000
      25,733 SF

      1925 Shelby St

      WAREHOUSE, STORAGE • 25,733 SF
      1925 Shelby St, Indianapolis, IN 46203-4073
      View Details
    • Value Estimation
      $315,000
      2,400 SF

      1825 Sherman Dr

      WAREHOUSE, STORAGE • 2,400 SF
      1825 Sherman Dr, Indianapolis, IN 46203-3361
      View Details
    • Value Estimation
      $345,000
      11,059 SF

      806 Beecher St

      STORAGE YARD, OPEN STORAGE • 11,059 SF
      806 Beecher St, Indianapolis, IN 46203-3934
      View Details
    • Value Estimation
      $455,000
      20,160 SF

      601 Beecher St

      WAREHOUSE, STORAGE • 20,160 SF
      601 Beecher St, Indianapolis, IN 46203-3976
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      133,200 SF

      Indianapolis Industrial Portfolio For Sale

      Four-building industrial portfolio with value-add potential in Indianapolis.
      5602 Elmwood Ave, Indianapolis, IN 46203
      View Details
    • $8,499,000
      214,650 SF

      Indianapolis Industrial Warehouse - $8.5M

      214,650 SF Warehouse/Manufacturing, Vacant
      1800 Churchman Ave, Indianapolis, IN 46203
      View Details
    • $160,000
      Pending

      Industrial Building Near Interstate

      Industrial building with overhead doors, near interstate, Indianapolis.
      1028 Vandeman St, Indianapolis, IN 46203
      View Details
    • $2,250,000
      9,872 SF

      Fountain Square Commercial Building

      Freestanding building in active commercial area with high visibility.
      860 Virginia Ave, Indianapolis, IN 46203
      View Details
    • Contact for pricing
      20,000 SF

      Flex Space Build-to-Suit Opportunity

      20,000 SF build-to-suit flex space available for purchase.
      5460 Victory Dr, Indianapolis, IN 46203
      View Details
    • $899,999
      5.79 Acres

      Hanna Ave Industrial Land Opportunity

      5.79 Acres, I-2 Zoning, High Potential
      6401 Hanna Ave, Indianapolis, IN 46203
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      139,364 SF

      Industrial Facility with Cold Storage

      Lease opportunity: cold storage near I-65 and I-70.
      1401 S Keystone Ave, Indianapolis, IN 46203
      View Details
    • $9 SF/Yr
      5,160 SF

      Industrial/Flex Space For Lease

      Multi-tenant industrial/flex property with easy access to major highways.
      6011 E Hanna Ave, Indianapolis, IN 46203
      View Details
    • $11 SF/Yr
      9,000 SF

      Freestanding Building Near I-465

      10,000 SF industrial building with interstate visibility and access.
      5621 Elmwood Ave, Indianapolis, IN 46203
      View Details
    • Contact for pricing
      7,000 SF

      Renovated Office and Storage Space

      Newly renovated office and storage space near downtown Indianapolis.
      845 W Troy Ave, Indianapolis, IN 46203
      View Details
    • $14 SF/Yr
      3,960 SF

      Insulated Warehouse with Drive-in Doors

      Warehouse with drive-in doors, kitchenette, and exterior storage.
      5740 W Minnesota St, Indianapolis, IN 46203
      View Details
    • $2 SF/Yr
      14,600 SF

      Industrial Warehouse Space Available

      14,600 SF warehouse space for lease in Indianapolis.
      1535 E Naomi St, Indianapolis, IN 46203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4740 Victory Ln
    Indianapolis, IN 46203-6076
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.