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    9998 N Michigan Rd Zionsville, IN 46077

    For Sale
    Contact for pricing

    219,408 SF office building on 22.1 acres.

    Property size:
    219,408 SF
    Lot size:
    1.41 Acres

    Property Features for 9998 N Michigan Rd

    General Information

    Size
    219,408 SF
    Lot size
    1.41 Acres

    Source: CBRE | Indianapolis Agent Nick Svarczkopf

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

    Overview

    Carmel/Zionsville Office Building Opportunity

    This 219,408 square foot office building is situated on a 22.1-acre parcel. The property has a parking ratio of 5 spaces per 1,000 square feet and includes one loading dock. Zoned for office use, the site is located at the border of Carmel, Indiana and Zionsville, Indiana, near the Michigan Road corridor. The surrounding area features retail establishments to the north, south, and east. Additionally, multiple new multi-family developments are located less than a mile north on Michigan Road.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Zionsville
    County
    Boone
    State
    Indiana
    Longitude
    -86.236864
    Latitude
    39.941025

    Nearby Similar for Sale

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      6.00 Acres

      Prime Zionsville Fitness Center

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      Walgreens Zionsville, IN NNN Lease

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    FAQs

    What type of property is this?
    Office building - 219,408 SF office building on 22.1 acres.
    Where is this office building located?
    The property is located at 9998 N Michigan Rd Zionsville, IN.
    What are key features of this property?
    This property features: - Located in a highly desirable area at the border of Carmel and Zionsville, Indiana.; - Large building size: **219,408 SF on a 22.1-acre parcel.**; - High parking ratio: **5 spaces per 1,000 SF.**
    (317) 269-1005
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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
    9998 N Michigan Rd Zionsville, IN 46077
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