Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6301 Guion Rd Indianapolis, IN 46268-4807
    Back to Search
    Property profile & analytics

    6301 Guion Rd Indianapolis, IN 46268-4807

    View on Map
    • Industrial land
    • 0.67 lot acres
    Off-Market
    Property ID
    US31-0546600
    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

    • Industrial land

    Property Details for 6301 Guion Rd

    Lot size
    0.67 lot acres
    Zone code
    ZO01
    Property type
    Industrial land
    APN
    49-03-31-113-001.000-600
    APU
    490331113001000600

    Description

    This exceptional 4.5-acre parcel of land is ideally situated on the northwest side of Indianapolis, at the intersection of 62nd Street and Guion Road. Its prime location offers unparalleled access to major transportation arteries, including the I-65/I-465 interchange (approximately one mile away) and I-74, ensuring seamless logistics for any business. The property boasts frontage on Guion Road and is zoned I-2, making it suitable for a variety of commercial and industrial uses, such as light manufacturing or trailer parking. This site benefits from its proximity to established businesses, including Sysco Foods and Conagra Brands, creating a thriving and synergistic environment. The land presents a unique opportunity for businesses seeking a strategic location with excellent accessibility and visibility. Its size and zoning provide flexibility for development, catering to a range of operational needs. The property's location in Marion County, Indiana, with a zip code of 46268, further enhances its appeal. Serious inquiries are encouraged to explore the potential of this exceptional land offering.

    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
    -86.2314
    Latitude
    39.8709
    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
    $54
    $2,300
    $0.00
    $2,300
    -
    $2,300
    $0.00
    $2,300

    Comparable in this City

    • Value Estimation by Request
      10.76 Acres

      Lk Area 1

      INDUSTRIAL - VACANT LAND • 10.76 Acres
      Lk Area 1, Indianapolis, IN 46268
      View Details
    • Value Estimation by Request
      0.16 Acres

      7433 Pollard St

      INDUSTRIAL - VACANT LAND • 0.16 Acres
      7433 Pollard St, Indianapolis, IN 46268
      View Details
    • Value Estimation by Request
      5.43 Acres

      Lakeview Pkwy

      INDUSTRIAL - VACANT LAND • 5.43 Acres
      Lakeview Pkwy, Indianapolis, IN 46268
      View Details
    • Value Estimation by Request
      0.79 Acres

      8250 5150th W

      INDUSTRIAL - VACANT LAND • 0.79 Acres
      8250 5150th W, Indianapolis, IN 46268
      View Details
    • Value Estimation by Request
      7.50 Acres

      5551 79th St

      INDUSTRIAL - VACANT LAND • 7.50 Acres
      5551 79th St, Indianapolis, IN 46268
      View Details
    • Value Estimation by Request
      2.43 Acres

      7769 Zionsville Rd

      INDUSTRIAL - VACANT LAND • 2.43 Acres
      7769 Zionsville Rd, Indianapolis, IN 46268-2176
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.12 Acres

      Residential Lot in Augusta Heights

      0.12-acre residential lot for custom build in Indianapolis.
      7851 Amethyst Ave, Indianapolis, IN 46268
      View Details
    • Contact for pricing
      0.12 Acres

      Residential Lot in Convenient Location

      0.12-acre lot near shopping, parks, and downtown Indianapolis.
      3040 W 78Th St, Indianapolis, IN 46268
      View Details
    • Contact for pricing
      0.12 Acres

      Residential Lot in Augusta Heights

      0.12-acre residential lot in a convenient Indianapolis location.
      3038 Sapphire Blvd, Indianapolis, IN 46268
      View Details
    • $200,000
      0.20 Acres

      Residential Lots in Prime Location

      21 undeveloped lots totaling 2.72 acres in Indianapolis.
      3073 W 78Th St, Indianapolis, IN 46268
      View Details
    • Contact for pricing

      Prime Acreage on 86th Street

      Approximately one acre of commercial land with high traffic visibility.
      3637 W 86Th St, Indianapolis, IN 46268
      View Details
    • Contact for pricing
      0.12 Acres

      Residential Lot in Augusta Heights

      0.12-acre residential lot in a convenient Indianapolis location.
      3044 Sapphire Blvd, Indianapolis, IN 46268
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      47-Acre Industrial Site Available

      Divisible industrial site with heavy industrial zoning and build-to-suit options.
      4902-5000 W 86Th St, Indianapolis, IN 46268
      View Details
    • Contact for pricing

      Outdoor Storage Space Available

      Outdoor storage space available for rent.
      5000 W 79Th St, Indianapolis, IN 46268
      View Details
    • Contact for pricing

      Park 100 Flex Space Available

      Flex spaces with office and drive-in doors in Park 100.
      8102-8176 Zionsville Rd, Indianapolis, IN 46268
      View Details
    • Contact for pricing

      Industrial Building with Drive-in Door

      17,206 SF industrial building with convenient highway access.
      8847 Commerce Park Pl, Indianapolis, IN 46268
      View Details
    • Contact for pricing
      20,000 SF

      Mixed-Use Development in Keystone Submarket

      Office and retail spaces in a high-traffic, amenity-rich location.
      2730 E 86Th St, Indianapolis, IN 46268
      View Details
    • Contact for pricing
      4,825 SF

      Retail Space Available For Rent

      Retail space available for lease in Indianapolis, Indiana.
      8320 Michigan Rd, Indianapolis, IN 46268
      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.
    6301 Guion Rd
    Indianapolis, IN 46268-4807
    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

    Thank You for Inquiry
    6301 Guion Rd, Indianapolis, IN, 46268
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!