Equipped Retail
For Sale
Contact for pricing
1304 W 30 Street, Indianapolis, IN 46208
Foodservice and retail equipment is included with the space.
Property Size540 SF
Price / SF$2.78
Days on Market38
Property Features for 1304 W 30 Street
General Information
Standard status
Active
Size
540 SF
Property subtype
Retail
Site & Location
Neighborhood
Near Nw - Riverside
Listing Agency:
F.C. Tucker Company
(317) 271-1700
Listed By:
Juan Cassella
(317) 766-7867
Source:
Locksteprealty
Added: Sep 22
Changed: Oct 28
Last Checked: Oct 28 at 4:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space at 1304 W 30 Street in Indianapolis includes the equipment pictured with the listing. The small house on the property is excluded from the offering.
Key Highlights
- Equipment shown with the listing is included
- The small house is not part of the offering
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,811
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,220
$116.2K
Cap Rate 7%
$83,014
$83.0K
Cap Rate 9%
$64,567
$64.6K
Market Conditions
NOI Build-Up for 540 SF
Gross rent
$9.1K $16.80/SF
− Vacancy
−$771 −$1.43/SF
EGI
$8.3K $15.37/SF
− OpEx
−$2.5K −$4.61/SF
NOI
$5.8K $10.76/SF
Area
Indianapolis, IN
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,220
Cap Rate 7%
$83,014
Cap Rate 9%
$64,567
Alternative Uses
Best Use
Retail
$83.0K
$72.6K – $96.9K
NOI $5,811 @ 7.0% cap · market cap 387.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$134.4K
$117.6K – $156.8K
NOI $9,409 @ 7.0% cap · market cap 627.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 46208, IN
23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Retail space - Foodservice and retail equipment is included with the space.
Where is this retail space located?
The property is located at 1304 W 30 Street Indianapolis, IN.
What are key features of this property?
This property features: Equipment shown with the listing is included; The small house is not part of the offering
