Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5310 S Harding St Indianapolis, IN 46217
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5310 S Harding St Indianapolis, IN 46217

    View on Map
    • Warehouses
    • 23,340 SF
    • 2.01 lot acres
    For Lease
    View Listing →
    Industrial Building with Crane Service For Lease
    Contact for pricing
    19,168 SF

    Industrial Building with Crane Service

    19,168 SF industrial building with crane service and outdoor storage.

    5310 S Harding St, Indianapolis, IN
    View Listing
    Property ID
    US31-1134739
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • American Newlong, Inc. (Location Closing April 1, 2024) / Industrial Manufacturer / Production Facility

    Property Details for 5310 S Harding St

    Year built
    1966
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.01 lot acres
    Property size
    23,340 SF
    Zone code
    ZO01
    Property type
    Warehouses
    APN
    49-14-03-115-005.000-500
    APU
    491403115005000500

    Description

    This exceptional 19,168-square-foot industrial warehouse is located at 5310 S Harding St, Indianapolis, IN 46217, within Marion County. The property sits on a generous 2.01 acres of land and is zoned I-3, allowing for outdoor storage. The warehouse boasts a substantial 20-foot ceiling height, providing ample vertical space for storage or operations. Convenient loading and unloading is ensured with two loading docks and four drive-in doors. The single-tenant occupancy offers flexibility and control. This crane-served facility is well-suited for a variety of industrial businesses requiring significant space and efficient material handling. Its strategic location in Indianapolis offers easy access to major transportation routes, enhancing logistical efficiency. The property's size, features, and zoning make it a highly attractive option for businesses seeking a functional and versatile industrial space. Serious inquiries are encouraged to explore the potential of this prime Indianapolis warehouse.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1877
    Latitude
    39.6882
    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
    $15,166
    $235,600
    $307,200
    $542,800
    -
    $235,600
    $307,200
    $542,800

    Comparable in this City

    • Value Estimation by Request
      336 SF

      3700 Harding St

      STORAGE YARD, OPEN STORAGE • 336 SF
      3700 Harding St, Indianapolis, IN 46217-3333
      View Details
    • Value Estimation
      $555,000
      8,800 SF

      3700 Harding St

      WAREHOUSE, STORAGE • 8,800 SF
      3700 Harding St, Indianapolis, IN 46217-3333
      View Details
    • Value Estimation by Request
      9,220 SF

      7425 Wellingshire Blvd

      MINI-WAREHOUSE, STORAGE • 9,220 SF
      7425 Wellingshire Blvd, Indianapolis, IN 46217-7086
      View Details
    • Value Estimation by Request
      13,312 SF

      5651 Harding St

      WAREHOUSE, STORAGE • 13,312 SF
      5651 Harding St, Indianapolis, IN 46217-9584
      View Details
    • Value Estimation by Request
      4,224 SF

      3146 Harding St

      WAREHOUSE, STORAGE • 4,224 SF
      3146 Harding St, Indianapolis, IN 46217-3136
      View Details
    • Value Estimation by Request
      2,952 SF

      4250 Harding St

      STORAGE YARD, OPEN STORAGE • 2,952 SF
      4250 Harding St, Indianapolis, IN 46217
      View Details

    Similar Nearby for Sale

    • $500,000
      8.68 Acres

      9 Acres Untapped Potential Indianapolis

      9-acre parcel, 14 minutes from downtown Indianapolis. Prime build sites.
      6630 S Meridian St, Indianapolis, IN 46217
      View Details
    • Contact for pricing

      Heartland Crossing Commercial Land Available

      Commercial land available in Heartland Crossing PUD, Indiana.
      8189 Upland Bnd, Camby, IN 46217
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      1.36 acres of commercial land near downtown Indianapolis.
      7555-7607 S Meridian St, Indianapolis, IN 46217
      View Details
    • $255,000
      1,620 SF

      Duplex with Pole Barn/Garage

      Duplex in Perry Township with fenced yards and pole barn.
      8325 Lake Rd, Indianapolis, IN 46217
      View Details
    • Contact for pricing
      0.16 Acres

      Residential Lots in Indianapolis, IN

      Residential lots available in Indianapolis, Indiana.
      3011 Arbor Ave, Indianapolis, IN 46217
      View Details
    • New
      $90,000
      1.97 Acres

      Residential Lots Overlooking Pleasant Run

      1.97+/- acres with creek view and utilities available.
      Bluff Rd, Indianapolis, IN 46217
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,168 SF

      Industrial Building with Crane Service

      19,168 SF industrial building with crane service and outdoor storage.
      5310 S Harding St, Indianapolis, IN 46217
      View Details
    • Contact for pricing
      50,000 SF

      Warehouse and Maintenance Facility

      50,000 SF warehouse with 366 trailer spaces for lease.
      4800 S Harding St, Indianapolis, IN 46217
      View Details
    • Contact for pricing

      Industrial/Flex Building Near I-465

      Multi-tenant industrial/flex building totaling 15,786 SF for lease.
      5520 S Harding St, Indianapolis, IN 46217
      View Details
    • Contact for pricing

      Office Space I-69 & I-465 Access

      Office space with convenient access to I-69 and I-465.
      5551 S Belmont Ave, Indianapolis, IN 46217
      View Details
    • Contact for pricing
      25,000 SF

      Camby Land Available For Lease

      2.814 acre lot available for build-to-suit lease.
      Leases Corner Ct, Camby, IN 46217
      View Details
    • Contact for pricing

      Prime Land Near I-465 Interchange

      0.55 acre site with off-site parking near major highways.
      1455 W Thompson Rd, Indianapolis, IN 46217
      View Details
    View Listing
    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.
    5310 S Harding St
    Indianapolis, IN 46217
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!