5000 W 79Th St, Indianapolis, IN 46268
For Lease
This exceptional 4.82-acre industrial land parcel presents a prime investment opportunity in Indianapolis, Indiana. Strategically located in the heart of Park 100, this single-tenant property offers immediate outdoor storage capabilities and is zoned I-1 & I-3, allowing for significant development potential. The site is pad-ready, with existing drainage infrastructure in place, simplifying the construction process. A build-to-suit (BTS) option is available for up to approximately 57,000 square feet, catering to a wide range of industrial and commercial needs. Multiple ingress and egress points ensure efficient access and traffic flow. Benefit from excellent connectivity, situated just 1.3 miles from I-465 and approximately 4 miles from I-65, providing seamless access to major transportation arteries. This property is ideal for businesses seeking a well-located, fully prepared site for immediate occupancy or future expansion in a thriving industrial submarket. The site's location within Marion County, Indiana, offers access to a robust workforce and established infrastructure. Don't miss this chance to acquire a highly desirable industrial land parcel in a prime Indianapolis location.
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, INIndianapolis. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.