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5214 79th St Indianapolis, IN 46268-1604

OFF-MARKET Warehouses Google Maps
51,914 SF 4.54 ac lot Built 1978
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$945k
Range $851k – $1.04M (±10%)
Property ID US31-0361822

Property summary

AI-generated overview

This exceptional flex/warehouse space, located at 5214 W 79th St in Indianapolis, Indiana, offers 15,309 square feet within the larger Park 100 Building 36. Built in 1975, the building boasts a total of 51,914 square feet and features a desirable 14-foot ceiling height. The space is ideal for a variety of businesses, offering a blend of functional warehouse space and well-appointed office areas. Convenient features include loading docks and drive-in doors for efficient material handling. Ample parking is available on-site, ensuring convenient access for employees and clients. The property's strategic location within the Park 100 submarket of Marion County provides easy access to major interstate highways, simplifying transportation and logistics. The I-1-S zoning designation further enhances the property's versatility and potential uses. This single available space is part of a multi-tenant building, offering a collaborative and dynamic work environment. The surrounding area offers numerous amenities, making it an attractive location for businesses and employees alike. The property's combination of functionality, accessibility, and location makes it a compelling opportunity for businesses seeking a well-equipped and conveniently situated industrial space in Indianapolis. The zip code is 46268.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 51,914 SF
Lot 4.54 ac (197,806 SF)
Zoning code ZO01
APN 49-04-24-111-011.000-600
UPID US31-0361822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Material Handling Equipment Supplier

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$945k

Owner & transaction history

since 2018
7 recorded transactions
2025
Price N/A
2018
Price N/A
2015
Price N/A
2013
Price N/A
2006
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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