Industrial Property for Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Indianapolis, IN 46218
  • Size: 15,600 SF

Description

Located in the Near Eastside along a major east west arterial corridor, ±5 miles from downtown, this property provides excellent transportation connectivity to I-70 and I-465. The surrounding area accommodates manufacturing, distribution, and light industrial operations, with the corridor undergoing significant redevelopment. The location offers seamless connectivity to freight infrastructure, including Indianapolis International Airport and major rail systems.

Market Context

This industrial in Indianapolis, IN is listed for sale across 15,600 SF. It has been on the market for 119 days. Compare it against other industrial listings for sale in Indianapolis, IN — <a href="/search/sale/industrial/indiana/indianapolis">view the full market</a>.

As of Q1 2026, the Indianapolis industrial market showed a 7.0% vacancy rate, average asking rents near $6.35/SF/yr, and cap rates around 6.1%. Source: Consensus Q1 2026 market report.

Industrial market FAQ

What is the typical cap rate for industrial in Indianapolis?
About 6.1% as of Q1 2026, per Consensus.
Is the Indianapolis industrial market tightening or softening?
Vacancy is around 7.0% (Q1 2026).

Unified Estimate

Very Low Confidence

$34.38/SF – $46.51/SF

Mid: $40.44/SF

Total estimate for 15,600 SF: $630,864

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tampa (similarity: 100%) with 3 comparable listings.

Contact

Explore this market

Similar Industrial Property for Sale in Indianapolis, IN