±10,000 SF Multi-Tenant Industrial | ±5,000 SF Available | For Sale or Lease

3031 South Holt Road, Indianapolis, IN 46221

Property Information

  • For Sale $795,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 10,000 SF
  • Units 2
  • Lot Size 0.75 Acre
  • Year Renovated 2025
  • Date Updated Aug 13, 2026
  • HVAC None

Description

Strategically located on Indianapolis' southwest side, 3031 S. Holt Road is zoned C-5 (Thoroughfare Service), allowing for a wide variety of commercial and light industrial uses. The property offers exceptional access to Interstate 70, Interstate 465, and the Indianapolis International Airport, making it well-suited for warehouse, distribution, flex, contractor, automotive, service, and showroom users. Situated just minutes from the AmeriPlex at Indianapolis industrial corridor, the location benefits from a strong concentration of industrial and commercial businesses, providing access to a robust workforce, suppliers, and customers. With excellent regional connectivity and flexible zoning, 3031 S. Holt Road presents an outstanding opportunity for businesses seeking a highly accessible and versatile location in one of Indianapolis' most active commercial corridors.Discover an exceptional investment opportunity at 3031 South Holt Road, Indianapolis, IN. This renovated 10,000 SF multi-tenant industrial building, with 50% occupancy, offers immediate cash flow for an owner-user or value-add investor. With 5,000 SF leased at $11/SF until 7/31/2030, the property showcases a wide range of uses, including automotive, thanks to its C5 zoning. Recent capital improvements ensure a solid foundation for future growth, while its prime location provides excellent access to major highways. Don't miss out on this excellent 1031 Exchange opportunity, perfectly suited for Industrial/Warehouse/Distribution investors.Base Lease Rate: $9/SF NNN's: $2/SF Effective Lease Rate: $11/SF

Highlights

  • 10,000 SF multi-tenant industrial building
  • 5,000 SF leased at $11/Sf until 7/31/2030
  • Commercial zoning (C5) allows for wide range of uses - Automotive uses permitted
  • Excellent 1031 Exchange opportunity
  • Excellent access to Kentucky Ave, I-465, and I-70
  • Immediate cash flow for an owner-user/value-add investor
  • Many recent capital improvements

Contacts

Location

Located at 3031 South Holt Road, Indianapolis, IN 46221, this property is part of the Mars Hill neighborhood and Indianapolis market.

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