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    1520 N Shadeland Ave Indianapolis, IN 46219

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    For Lease
    Contact for pricing

    800 SF building with two drive-thrus on N Shadeland.

    Property size:
    800 SF
    Lot size:
    800 SF

    Property Features for 1520 N Shadeland Ave

    General Information

    Size
    800 SF

    Building Details

    Year built
    1996

    Source: Rachel Romary Agent Rachel Romary

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

    Overview

    Freestanding Building with Two Drive-Thrus

    This is an 800 SF free standing building featuring two drive-thrus and two restrooms with exterior entry. The property is located on North Shadeland Avenue in an area with residential properties and retailers. The location offers proximity to Interstates 70 and 465. The property is suitable for drive-through restaurants, restaurants, retail properties, individual retail properties, and retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rally's Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.046214
    Latitude
    39.78825

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    FAQs

    What type of property is this?
    Drive through restaurant - 800 SF building with two drive-thrus on N Shadeland.
    Where is this drive through restaurant located?
    The property is located at 1520 N Shadeland Ave Indianapolis, IN.
    What are key features of this property?
    This property features: - Two drive-thrus for **high-volume potential**; - Free-standing 800 SF building; - Located on busy N. Shadeland Avenue
    (260) 341-0230
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    1520 N Shadeland Ave Indianapolis, IN 46219
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    Indianapolis, IN 46219
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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
    1520 N Shadeland Ave Indianapolis, IN 46219
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