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    8440-8540 Castleton Corner Dr Indianapolis, IN 46250

    For Lease
    Contact for pricing

    Retail space available in Indianapolis near major shopping destination.

    Property size:
    8,960 SF
    Lot size:
    25.23 Acres

    Property Features for 8440-8540 Castleton Corner Dr

    General Information

    Size
    8,960 SF
    Lot size
    25.23 Acres

    Source: CBRE | Indianapolis Agent Diana Zagarzhevskiy

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

    Overview

    Retail Space Near Castleton Square

    This retail space is located in a shopping center with 91,034 square feet of retail area. The property is an outlot to Castleton Square Mall, a regional mall in Indianapolis. The location offers visibility from the highway and is adjacent to an I-465 highway exit. The surrounding communities include Fishers to the northeast, Carmel to the northwest, and Lawrence to the southeast. The property benefits from a strong tenant mix that includes several national credit tenants. The location has a population of approximately 166,000 within a 5-mile radius and experiences strong traffic counts. Other national retailers are in close proximity, including Havertys, T.J.Maxx, and Best Buy.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

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

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

    Similar Places Nearby

    Castleton Point Shopping Center, Castleton Square Mall South Entrance, Clearwater Springs Shopping Center, Castleton Shoppes Shopping Center, Castleton Crossing

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0727761
    Latitude
    39.9102419

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Indianapolis near major shopping destination.
    Where is this shopping center located?
    The property is located at 8440-8540 Castleton Corner Dr Indianapolis, IN.
    What are key features of this property?
    This property features: - Excellent visibility from the highway.; - Adjacent to I-465 highway exit.; - Outlot to Castleton Square Mall, Indianapolis’ Premier Regional Mall.
    (317) 518-6257
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    8440-8540 Castleton Corner 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
    8440-8540 Castleton Corner Dr Indianapolis, IN 46250
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