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    1213 N Arlington Ave Indianapolis, IN 46203

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    For Sale
    $2,900,000

    East Indianapolis building with office and retail space for sale.

    Property size:
    32,036 SF
    Lot size:
    3.08 Acres

    Property Features for 1213 N Arlington Ave

    General Information

    Size
    32,036 SF
    Lot size
    3.08 Acres

    Source: Alo Property Group Agent George Sechrist

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

    Overview

    Indianapolis Office and Retail Building

    Located on the east side of Indianapolis, this building offers approximately 25,000 square feet of office space and 7,000 square feet of first-floor retail space, totaling 32,036 square feet. Previously occupied by the Division of Family Services, the property is available for sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Family and Social Services ... Social Services Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0635692
    Latitude
    39.784841

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    FAQs

    What type of property is this?
    Office building - East Indianapolis building with office and retail space for sale.
    Where is this office building located?
    The property is located at 1213 N Arlington Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Substantial Size: 32,036 SF of space; - Mixed-Use Potential: Approx. 25,000 SF of office and 7,000 SF of retail space; - First-Floor Retail Space: 7,000 SF located on the first floor
    (317) 403-0903
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    1213 N Arlington Ave Indianapolis, IN 46203
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    Indianapolis, IN 46203
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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
    1213 N Arlington Ave Indianapolis, IN 46203
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