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    720-722 N High School Rd Indianapolis, IN 46241

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    For Sale
    $4,450,000

    Renovated 39,900 SF office building with modern amenities.

    Property size:
    39,900 SF
    Lot size:
    7.95 Acres

    Property Features for 720-722 N High School Rd

    General Information

    Size
    39,900 SF
    Lot size
    7.95 Acres

    Source: CBRE | Indianapolis Agent Jeff Merritt

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

    Overview

    Renovated Office Building on 7.92 Acres

    This is a 39,900 square foot office building situated on 7.92 acres. The facility has been recently renovated and features three floors designed to enhance productivity and collaboration. The layout includes multiple private offices, conference rooms, and breakout rooms. A private wellness room is available for employee use. The property also includes an outdoor courtyard at the center of the building. The open concept break area features a spacious kitchen for team meals and socializing. A commercial kitchen is available for catering and meal prep needs. The building is equipped with an elevator and provides 178 parking spaces. The property is located on I-465, providing easy access to I-74, I-70, and US Hwy 136.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -86.2698826
    Latitude
    39.7556791

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    FAQs

    What type of property is this?
    Office building - Renovated 39,900 SF office building with modern amenities.
    Where is this office building located?
    The property is located at 720-722 N High School Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $4,450,000.
    What are key features of this property?
    This property features: - Excellent Location: Situated on I-465, providing easy access to I-74, I-70, and US Hwy 136.; - Recently Renovated Facility: Modernized building with updated features.; - Ample Parking: 178 parking spaces available.
    (317) 269-1000
    Request Owner's contact information
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    Indianapolis, IN 46241
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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
    720-722 N High School Rd Indianapolis, IN 46241
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