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    8651 Castle Creek Parkway East Dr Indianapolis, IN 46250

    For Sale
    Contact for pricing

    Former restaurant with FF&E included, near I-69 & I-465.

    Property size:
    8,733 SF

    Property Features for 8651 Castle Creek Parkway East Dr

    General Information

    Size
    8,733 SF

    Building Details

    Year built
    1986

    Source: Steve Madura Agent Steve Madura

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

    Overview

    Restaurant Opportunity Near Castleton Mall

    The property is a former BRAVO Cucina! Italiana Restaurant located in the Indianapolis suburb of Castleton. The sale includes all FF&E. The location is near the convergence of I-69 and I-465, adjacent to Castleton Square Mall. The area experiences a strong traffic volume of 15,000 vehicles per day. The area has a good population growth rate of 3.4% within a 1-mile radius. There are over 100,000 daytime employees within a 3-mile radius. Surrounding national tenants include Ashley HomeStore, AMC Theatres, Buca di Beppo, Buffalo Wild Wings, Costco, Dave and Buster’s, Lifetime Fitness, On The Border Mexican Grill, and Outback Steakhouse. The property size is 8,733 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    Asian Chao

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.068079
    Latitude
    39.912903

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with FF&E included, near I-69 & I-465.
    Where is this restaurant located?
    The property is located at 8651 Castle Creek Parkway East Dr Indianapolis, IN.
    What are key features of this property?
    This property features: - Excellent location near the convergence of I-69 & I-465; - Includes all FF&E (furniture, fixtures, and equipment); - Strong traffic volume of 15,000 vehicles per day
    (847) 504-2478
    Request Owner's contact information
    8651 Castle Creek Parkway East Dr 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
    8651 Castle Creek Parkway East Dr Indianapolis, IN 46250
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