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    8530 Ctr Run Rd Indianapolis, IN 46250

    For Sale
    $849,900

    Prime Retail Location, Recent Upgrades, High Traffic

    Property size:
    3,748 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3,748 square foot retail property at 8530 Center Run Road in Indianapolis, Indiana presents a fantastic opportunity for a discerning business owner. Boasting 136 feet of frontage on Center Run Drive, this renovated C4-zoned space enjoys exceptional visibility and high traffic exposure, with estimated daily traffic counts exceeding 14,000 vehicles. The property includes 11 convenient parking spaces for customers and employees, ensuring ease of access. Recent upgrades completed in 2021 provide a modern and appealing storefront, ready for immediate occupancy. The space is thoughtfully designed, featuring a split layout across ground and underground levels, offering versatility for various business needs. Key features include private office space, a guest bathroom, and ample storage areas. Two convenient entrances are complemented by three drive-through bays, adding further functionality. Situated just minutes from the intersection of I-465 and I-69, this location offers unparalleled accessibility with easy ingress and egress. The 0.65-acre lot provides ample space for operations and customer convenience. Seller financing is available, making this an even more attractive proposition. This is a truly exceptional retail opportunity in a high-demand location.

    Property Features for 8530 Ctr Run Rd

    General Information

    Property type
    Retail properties
    Square Feet
    3,748 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    2002
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.05951
    Latitude
    39.91208

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, Recent Upgrades, High Traffic
    Where is this retail property located?
    The property is located at 8530 Ctr Run Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $849,900.
    (317) 595-2100
    Request Owner's contact information
    8530 Ctr Run Rd Indianapolis, IN 46250
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    Indianapolis, IN 46250
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8530 Ctr Run Rd Indianapolis, IN 46250
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