Industrial Property for Sale in Indianapolis, IN

  • Price: $600K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Indianapolis, IN 46222

Description

This nearly 3 acre industrial site includes 3 parcels with heavy industrial zoning! Located near the intersection of 10th and Tibbs, the property allows for convenient access to I-465 and I-70. I-2 zoning allows for auctioneering services, commercial contractors, heavy equipment sales & service, truck parking, and more! Land Size: 2.74 Ac | Listing Type: FOR SALE

Market Context

This industrial in Indianapolis, IN is listed for sale at $600,000. It has been on the market for 26 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

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.

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