Office for Sale in Indianapolis, IN

  • Price: $5.3M
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46203
  • Size: 40,204 SF
  • Year built: 1991

Description

4550 Victory Lane - Available for sale

Market Context

This office in Indianapolis, IN is listed for sale at $5,320,000 across 40,204 SF ($132/SF). The building dates to 1991. It has been on the market for 144 days. Compare it against other office listings for sale in Indianapolis, IN — <a href="/search/sale/office/indiana/indianapolis">view the full market</a>.

As of Q1 2026, the Indianapolis office market showed average asking rents near $20.98/SF/yr, and cap rates around 8.6%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in Indianapolis?
About 8.6% as of Q1 2026, per Consensus.

Unified Estimate

Very Low Confidence

$53.76/SF – $72.74/SF

Mid: $63.25/SF

Total estimate for 40,204 SF: $2,542,903

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 15 comparable listings.

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