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    1840 N Meridian St Indianapolis, IN 46202

    For Sale
    Contact for pricing

    Class A office/medical space in the Meridian Corridor.

    Property size:
    40,000 SF
    Lot size:
    0.36 Acres

    Property Features for 1840 N Meridian St

    General Information

    Size
    40,000 SF
    Lot size
    0.36 Acres

    Source: JLL | Indianapolis Agent James Gruesser

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

    Overview

    Class A Office/Medical Space

    This Class A office/medical space is located in the Meridian Corridor on the Indiana University Health Campus. The property provides four parking spaces for every 1,000 square feet. It is located close to downtown Indianapolis and offers convenient access to Interstate 65. The location is adjacent to the red-line bus stop. The property experiences approximately 18,000 vehicles per day.
    Insight Report Location Intelligence

    Current Use by Public Records

    Meridian Transition School School

    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.

    Similar Places Nearby

    Dr. Tom Buchanan, Cline Kim DVM, Dr. Wiggers Trish DVM, Evangles Co, City Way Animal Clinics - Fall Creek

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.157787
    Latitude
    39.79146

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    FAQs

    What type of property is this?
    Medical office - Class A office/medical space in the Meridian Corridor.
    Where is this medical office located?
    The property is located at 1840 N Meridian St Indianapolis, IN.
    What are key features of this property?
    This property features: - Located on the Indiana University Health Campus; - Class A office/medical space; - Four parking spaces for every 1,000 SF
    (317) 414-0313
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    1840 N Meridian St Indianapolis, IN 46202
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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
    1840 N Meridian St Indianapolis, IN 46202
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