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    501 Pennsylvania Pkwy Indianapolis, IN 46280

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    For Lease
    Contact for pricing

    Class A office park with high visibility and modern amenities.

    Property size:
    36,697 SF
    Lot size:
    22.16 Acres

    Property Features for 501 Pennsylvania Pkwy

    General Information

    Size
    36,697 SF
    Lot size
    22.16 Acres

    Source: JLL | Indianapolis Agent John Vandenbark

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

    Overview

    Class A Office Park Space

    This Class A office park, situated where Indianapolis meets Carmel at the intersection of I-465, comprises three office buildings and a large water feature. An abundance of parking is available. The property's high visibility on I-465 distinguishes it, making it suitable for Class A tenants. The typical floorplate is 34,000 square feet. Renovated in 2018, the property features slab-to-slab ceiling heights of 14 feet and finished ceiling heights of 10 feet. Amenities include a fitness center equipped with women's and men's lockers and a conference facility that seats up to 38 people. The available space is 36,697 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hartford Insurance Agency Insurance Management Group Insurance Agency Gibson Insurance Agency VMS BioMarketing Marketing Agency Cosgrove Partners Business Management Consultant

    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
    -86.1472238
    Latitude
    39.931712

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    FAQs

    What type of property is this?
    Office building - Class A office park with high visibility and modern amenities.
    Where is this office building located?
    The property is located at 501 Pennsylvania Pkwy Indianapolis, IN.
    What are key features of this property?
    This property features: - High-profile visibility on I-465.; - Class A office park in a prime location where Indianapolis meets Carmel.; - Enjoy the convenience of an on-site fitness center with locker rooms.
    (317) 810-7000
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    501 Pennsylvania Pkwy Indianapolis, IN 46280
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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
    501 Pennsylvania Pkwy Indianapolis, IN 46280
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