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Property profile & analytics
OFF-MARKET
Warehouses

4740 Victory Ln Indianapolis, IN 46203-6076

8.95 ac lot Built 2022
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1646167
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Construction TYPE NOT SPECIFIED
Lot 8.95 ac (389,862 SF)
Zoning code ZO01
APN 49-10-34-102-003.001-300
UPID US31-1646167
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
  • Hellmann Worldwide Logistics- Indianapolis, IN Division Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SHEAR V1 LLC
SHEAR V1 LLC
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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