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    5645 Lafayette Rd Indianapolis, IN 46254

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    For Sale
    Contact for pricing

    8,200 SF medical office building 100% leased through 2030.

    Property size:
    8,200 SF
    Lot size:
    1.37 Acres

    Property Features for 5645 Lafayette Rd

    General Information

    Size
    8,200 SF
    Lot size
    1.37 Acres

    Source: CornerStone Companies Inc Agent Ben Cohen

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

    Overview

    Indianapolis Medical Office Building For Sale

    This is an approximately 8,200 square foot single-story medical office building constructed in 1994. The property is 100% leased to a long-term medical tenant with a current lease in place through 2030. It is situated on the northwest side of Indianapolis, approximately 9 miles from Downtown Indianapolis, offering convenient access to I-465 and I-65. The location benefits from a densely populated area, with an estimated population of approximately 174,000 within a 5-mile radius. The property features monument signage and excellent visibility, with over 31,366 vehicles per day passing by on W 56th Street and I-65.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Gregory A. Oliver, ... Family Practice Physician Oliver Family Healthcare Medical Clinic Oliver Family Healthcare: ... Doctor LOGAN JESTER Physician Assistant Amber M. Miller, ... Physician Assistant

    Suggested Use

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

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

    Similar Places Nearby

    The Paw Patch, VETERINARY HOSPITAL

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.263503
    Latitude
    39.854148

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    FAQs

    What type of property is this?
    Medical office - 8,200 SF medical office building 100% leased through 2030.
    Where is this medical office located?
    The property is located at 5645 Lafayette Rd Indianapolis, IN.
    What are key features of this property?
    This property features: - 100% leased to long-term medical tenant with lease in place through 2030; - +/-8,200 SF single-story medical office building; - Excellent visibility to over 31,366 vehicles per day
    (317) 754-6245
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    5645 Lafayette Rd Indianapolis, IN 46254
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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
    5645 Lafayette Rd Indianapolis, IN 46254
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