I-2 Ground For Sale — 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 70 days. Compare it against other industrial listings for sale in Indianapolis, IN — view the full market.

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: multiple brokerage reports, Q1 2026.

Industrial market FAQ

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

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