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    1915 Broad Ripple Ave Indianapolis, IN 46220

    For Sale
    $625,000

    Prime owner/user opportunity with excellent visibility and on-site parking.

    Building Details

    Year built
    1980

    Source: Nicholas R. Miller Agent Nicholas R. Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Broad Ripple Avenue Opportunity

    This property presents a prime opportunity for an owner or user in Broad Ripple. It benefits from excellent visibility on Broad Ripple Avenue, which sees 27,661 vehicles per day. On-site parking is available for added convenience. The property features a flexible floor plan that can be reconfigured to accommodate multiple tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Monday Jones & Albright Attorney Monday McElwee Albright Law Firm Colessanano Law Offices Legal Services Jones Patsy A Attorney Legal Services Noah Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1276724
    Latitude
    39.8683914

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    FAQs

    What type of property is this?
    Office space - Prime owner/user opportunity with excellent visibility and on-site parking.
    Where is this office space located?
    The property is located at 1915 Broad Ripple Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Prime owner/user opportunity in Broad Ripple.; - Excellent visibility along Broad Ripple Avenue (27,661 vehicles per day).; - Convenient on-site parking.
    (317) 517-2310
    Request Owner's contact information
    1915 Broad Ripple Ave Indianapolis, IN 46220
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    Indianapolis, IN 46220
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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
    1915 Broad Ripple Ave Indianapolis, IN 46220
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