Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8131 Castleton Rd Indianapolis, IN 46250

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $775,000

    Two-story medical/office building in the heart of Castleton.

    Property size:
    3,456 SF
    Lot size:
    0.17 Acres

    Property Features for 8131 Castleton Rd

    General Information

    Size
    3,456 SF
    Lot size
    0.17 Acres

    Source: Premier Commercial Real Estate Services, Inc. Agent Pete Alveal

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

    Overview

    Castleton Medical/Office Building For Sale

    Located in the Castleton area on the northeast side of Indianapolis, this two-story, stand-alone medical/office building was constructed in 2018. The property offers 3,456 square feet of space. The building features multiple offices and kitchenettes on both levels. It also includes private parking and wheelchair-accessible facilities, with separate entrances for each floor. The property is situated in a location surrounded by amenities, with accessibility to 82nd Street and the I-69 intersection. This property is suited for medical or office investors.
    Insight Report Location Intelligence

    Current Use by Public Records

    McManus & Associates Bankruptcy Attorney

    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

    Avalon Animal Clinic, Avalon Animal Clinic: Kiley Shannon DVM, Pet Odor & Disinfectant Solutions

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.050413
    Latitude
    39.903961

    Nearby Similar for Sale

    • New
      $1,300,000
      13,400 SF

      Indianapolis Multi-Family Investment Opportunity

      17-unit rental portfolio near I-465 with diverse unit types.
      3805 Biscayne Rd, Indianapolis, IN 46226
      View Details
    • $449,900
      Pending

      Turnkey Duplex in Downtown Indianapolis

      Luxury duplex with modern finishes and strong rental income.
      1036 N Parker Ave, Indianapolis, IN 46201
      View Details
    • $749,800
      0.26 Acres

      New Construction Duplex in Indianapolis

      Modern duplex near Monon, ideal for investors or owner-occupants.
      2051-2053 Columbia Ave, Indianapolis, IN 46202
      View Details
    • $425,000
      2,156 SF

      Indianapolis Mixed-Use Property with Daycare

      Two-bedroom home with daycare business opportunity on a large lot.
      839 S Lynhurst Dr, Indianapolis, IN 46241
      View Details
    • $205,000
      0.14 Acres

      Indianapolis Duplex Near Eastside

      3-bedroom, 1-bath duplex near downtown Indianapolis.
      1018 N Tuxedo St, Indianapolis, IN 46201
      View Details
    • $375,000
      0.13 Acres

      Updated Duplex Near Monon Trail

      Renovated duplex near Monon Trail, ideal for investors.
      2321 Guilford Ave, Indianapolis, IN 46205
      View Details

    FAQs

    What type of property is this?
    Medical office - Two-story medical/office building in the heart of Castleton.
    Where is this medical office located?
    The property is located at 8131 Castleton Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Castleton on the NE side of Indy, surrounded by amenities.; - Modern, two-story stand-alone building constructed in 2018.; - **3,456 SF of space suitable for medical or office use.**
    (317) 997-9362
    Request Owner's contact information
    8131 Castleton Rd Indianapolis, IN 46250
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8131 Castleton Rd
    Indianapolis, IN 46250
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8131 Castleton Rd Indianapolis, IN 46250
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.