Industrial

Hunter Creek I & II

hunter creek i & ii, indianapolis, IN 46235

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence

Low

$144.50/SF

Mid

$170.00/SF

High

$195.50/SF

Tier Used

peer_city_transfer

Transferred from peer market tampa (similarity: 100%) with 3 comparable listings.

Peer market: tampa (100% similarity)

Tier Resolution Trace

Tier 1insufficient_data

Tier 2insufficient_data

Tier 3insufficient_data

Tier 4successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$170.00/SF	—	peer_city_transfer
Utilities	—	5.1¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1450/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
Peer City Transfer	economic_similarity	3	—	real-time	tampa (100%)

Data sources used

peer_city_transfer

Description

35,200 SF + 51,611 Available | East Submarket

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

hunter creek i & ii, indianapolis, IN 46235

Leaflet © OpenStreetMap contributors

Market Context

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

Projected current pricing

low confidence

Projected asking rent

$6.35/SF/yr

Estimated sale value

$69–$85/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 6.1%, asking rent held flat).

View the full Indianapolis Industrial market report →

Compare it against other industrial listings for sale in Indianapolis, IN to benchmark pricing and space — view the full market.

Industrial market FAQ

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

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.