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    500-550 N Meridian St Indianapolis, IN 46204

    For Lease
    Contact for pricing

    Office space featuring on-site cafe, fitness center, and parking.

    Property size:
    9,151 SF
    Lot size:
    2.40 Acres

    Property Features for 500-550 N Meridian St

    General Information

    Size
    9,151 SF
    Lot size
    2.40 Acres

    Source: JLL | Indianapolis Agent John Robinson

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

    Overview

    Modernized Office Space with Amenities

    This modernized office space, totaling 9,151 square feet, features LED lighting and new finishes. The property includes an on-site cafe and fitness center, along with 24-hour security. Exterior signage opportunities are available with Meridian. The location offers street visibility and includes surface parking, as well as a free parking garage attached via skyway, providing a ratio of 4 spaces per 1,000 square feet. Strategically situated near numerous amenities, the property is approximately 25 minutes from Indianapolis International Airport.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.158395
    Latitude
    39.774818

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    FAQs

    What type of property is this?
    Office space - Office space featuring on-site cafe, fitness center, and parking.
    Where is this office space located?
    The property is located at 500-550 N Meridian St Indianapolis, IN.
    What are key features of this property?
    This property features: - Free parking garage attached via skyway (4/1,000) and surface parking; - **Exterior signage opportunity with Meridian and street visibility**; - On-site cafe and fitness center
    (317) 810-7172
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    500-550 N Meridian St Indianapolis, IN 46204
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    Indianapolis, IN 46204
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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
    500-550 N Meridian St Indianapolis, IN 46204
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